Why did PTHL's trading volume surge?

The trading volume of PTHL has experienced an increase from July 16 to July 18. The surge in trading volume can be attributed to several factors: 1. **Resumption of Trading**: The resumption of trading for Pheton Holdings (PTHL) after a temporary halt due to volatility may have attracted attention from investors who were previously unable to trade the stock. This could have led to a surge in trading activity as investors looked to buy or sell positions in the stock. 2. **Market Sentiment**: The overall market sentiment, including news and events affecting the broader market, can influence trading volume. For example, the Nasdaq and S&P 500 hitting record highs, driven by better-than-expected economic data and strong earnings reports, could have contributed to increased trading activity in PTHL as investors responded to these market dynamics. In conclusion, the surge in PTHL's trading volume is likely a result of a combination of factors including the resumption of trading and market sentiment. |code|Ticker|Name|Date|Percentage Change|market_code| |---|---|---|---|---|---| |PTHL|PTHL.O|Pheton Holdings|20250717|3.7727|186| |PTHL|PTHL.O|Pheton Holdings|20250718|2.2549|186| |PTHL|PTHL.O|Pheton Holdings|20250721|1.7551755175517578|186|