Reitar Logtech shares surge 10.13% after-hours as analysts question market’s negative valuation amid strong fundamentals.

Reitar Logtech (NASDAQ:RITR) surged 10.13% in after-hours trading, driven by a 21.4% decline in short interest, signaling reduced bearish bets, and the announcement of a $61 million convertible note and equity line financing. The latter provided liquidity and signaled improved capital access, while the short interest drop indicated waning selling pressure. Additionally, recent partnerships with Xianmu Technology and NEXX to develop AI-driven smart supply chain solutions for casual catering and e-commerce highlighted strategic growth initiatives, boosting investor confidence. These developments collectively positioned Reitar Logtech for operational expansion and risk mitigation, aligning with the stock’s sharp after-hours rebound.