Webuy Global shares surge 34.81% intraday following $3M follow-on offering and stablecoin partnership.

Webuy Global surged 34.81% in intraday trading, driven by a $3 million follow-on offering and a strategic partnership to advance stablecoin adoption in blockchain-driven commerce. The rally, defying the stock’s 52-week low of $0.105, reflects renewed investor optimism around its AI-powered travel and e-commerce initiatives. Recent announcements of capital-raising and AI collaboration with DeepSeek V3 and Espressif’s ESP32-C further amplified speculative momentum, despite the stock remaining 96.78% below its 52-week high. Technical indicators like oversold RSI (28.83) and Bollinger Bands suggest short-term volatility, but the move aligns with broader sector trends as AI integration gains traction in tech-driven retail.