Why did RAYA surge?

The stock price of RAYA has experienced an increase from June 26 to July 1. The surge in Erayak Power Solution Gr RAYA stock price from June 26 to July 1 can be attributed to the following factors: 1. **Positive Market Sentiment**: The overall market sentiment has been positive, with major indexes reaching new record highs. This positive sentiment could have spilled over to RAYA, driving its stock price up. 2. **Easing Trade Friction**: The U.S. and China have signed a deal to restore their trade truce, which could have positively impacted RAYA as it is a U.S. stock. This could have led to increased investor confidence and a surge in the stock price. 3. **Tech Optimism**: There has been a significant increase in investor optimism in tech stocks, especially those linked to artificial intelligence. RAYA could have benefited from this tech optimism, leading to an increase in its stock price. |code|Ticker|Name|Date|Percentage Change|market_code| |---|---|---|---|---|---| |RAYA|RAYA.O|Erayak Power|20250623|-2.2321|186| |RAYA|RAYA.O|Erayak Power|20250624|-7.7626|186| |RAYA|RAYA.O|Erayak Power|20250625|-2.4752|186| |RAYA|RAYA.O|Erayak Power|20250626|0.5076|186| |RAYA|RAYA.O|Erayak Power|20250627|0|186| |RAYA|RAYA.O|Erayak Power|20250630|26.2626|186| |RAYA|RAYA.O|Erayak Power|20250701|12.400000000000002|186|