Ambitions Enterprise shares surge 26.37% after-hours following strategic partnership with Multiple Events LLC for 2027 World Chinese Entrepreneurs Convention.

Ambitions Enterprise (AHMA.O) surged 26.37% in after-hours trading following the announcement that its subsidiary, Multiple Events LLC, was appointed as the preferred partner for the 19th World Chinese Entrepreneurs Convention in 2027. This strategic partnership, which aligns with the company’s MICE sector focus, unlocked potential revenue streams in Abu Dhabi and Dubai, driving speculative buying amid the stock’s extreme intraday volatility. The move contrasted with a mixed travel and leisure sector, where Booking Holdings (BKNG) declined slightly, underscoring AHMA.O’s reliance on high-impact events. Technical indicators, including an overbought RSI (73.11) and bullish MACD, further supported the rally, though liquidity constraints and speculative positioning suggest caution for near-term sustainability.