CHOW surges 13.13% intraday amid short-term trading rebound despite ongoing market manipulation lawsuits and IPO fraud allegations.

ChowChow Cloud surged 13.13% intraday amid renewed scrutiny of its securities fraud allegations and ongoing class-action lawsuits. Recent reports highlighted that the company’s shares had previously collapsed 84.3% on December 10, 2025, due to trading halts and market manipulation tied to a “pump-and-dump” scheme. The stock’s sudden rebound suggests speculative trading activity, potentially driven by retail investors or arbitrageurs capitalizing on the high-profile legal environment and low float, which historically facilitated volatility. Despite the firm being accused of concealing manipulation risks in its IPO materials and the underwriter facing regulatory issues, the intraday spike reflects the ongoing interest in highly volatile microcap stocks amid legal and market uncertainty.