Forge Global shares surge 15.50% premarket after Schwab announces $660M acquisition.

Forge Global (FRGE) surged 15.50% in premarket trading following Charles Schwab’s announcement of a $660 million acquisition of the private asset platform. The deal, disclosed in multiple November 6, 2025, reports, positions Schwab to expand access to private markets and signals strong investor confidence in Forge’s strategic value. Earlier premarket gains on November 5 (44% to $37.70) and subsequent shareholder alerts investigating the transaction’s fairness further underscore the event’s impact. While later reports (November 12–December 2025) highlighted downgrades and earnings misses, the immediate premarket rally was directly driven by the Schwab acquisition, aligning with the stock’s sharp upward movement.