Estrella shares rise 15.09% premarket as trading halt requested pending partial underwriting announcement.

Estrella surged 15.09% in premarket trading following the company’s request for an ASX trading halt pending an announcement regarding partial underwriting of its listed options. The halt, effective until 2 February 2026, suggests the company is preparing to disclose material developments that could impact liquidity or investor confidence in its options structure. While the specific terms of the underwriting remain undisclosed, the premarket rally indicates investor optimism about potential positive outcomes from the announcement, such as reduced volatility or enhanced market access for the stock. Other news events, including retail developments in Estrella, Mexico-related protests, and sports-related updates, were unrelated to the stock’s movement.