Pheton Holdings Stock Soars 12% Amid Recovery Efforts

Pheton Holdings' stock surged 12% in pre-market trading on August 5, 2025, marking a significant rise in its share price.

Pheton Holdings has recently faced a tumultuous period, with its stock price experiencing a dramatic 95% collapse on July 30, 2025. This sharp decline was attributed to allegations of market manipulation and unsubstantiated rumors about potential mergers and acquisitions. The company has since moved to address these issues, dismissing the rumors and working to restore investor confidence.

Despite the recent volatility, Pheton Holdings has seen some positive developments. The company's stock price has shown signs of recovery, with predictions suggesting a potential target price of $16 USD. This optimism is driven by the company's focus on penny stock investing and its strategic approach to stock market analysis and trading strategies.