Why Did Powell Max Soar 50.91% in Pre-Market Trading?

On May 28, 2025, Powell Max experienced a remarkable surge, rising by 50.91% in pre-market trading, marking a significant milestone for the company.

Powell Max has been facing a challenging period, with its stock price experiencing notable declines. On May 27, the stock closed at $0.385, reflecting a 24.50% drop after hours. This decline was part of a broader trend, as the stock had previously witnessed a 20.45% drop during Tuesday's session, closing at $0.41. The stock's performance has been volatile, with a 21.59% fall to $0.40 in a recent session, accompanied by a 64.73% gap.

Despite these setbacks, Powell Max's stock has shown resilience, with a 29.78% increase in trading volume. The company's market capitalization stands at $7.5 million, and its shares are listed on the NASDAQ stock exchange. The stock's 52-week high is $4.70, and its 52-week low is $0.28, indicating significant price fluctuations over the past year.