New Century shares surge 18.87% after-hours following board restructuring and committee revamps.

think> Okay, let's tackle this query step by step. The user wants me to act as a financial analyst explaining a stock's price movement based on recent news. The stock in question is New Century (NCEW), which surged 18.87% in after-hours trading. The recent news events include board changes, a surge in intraday rally, and some other corporate governance updates. First, I need to determine the direction and trading session. The stock went up by 18.87%, which rounds to 18.87%, and the trading period is after-hours. Next, evaluate the relevance of each news event. The first news is about board changes at New Century Logistics (NASDAQ:NCL). Wait, the ticker here is NCEW, but the news mentions NCL. Are these the same company? The user might have made a mistake here. NCL and NCEW are different tickers. But in the summary for Reason 2, it's NCEW that surged. So maybe there's a mix-up. The user might have intended NCEW as the stock, but the news events include NCL. However, in the input, the stock performance is for New Century, which could be NCEW. The news events mention New Century Logistics (NCL) and New Century (NCEW) separately. So I need to check if these are the same. If they are different, then the board changes at NCL might not affect NCEW. But the user might have conflated them. Alternatively, perhaps the user made a typo. Since the stock in question is NCEW, the relevant news would be those related to NCEW. Let me check the news again. Looking at the news events: Reason 1: New Century Logistics (NCL) announces board changes. Reason 2: New Century (NCEW) surges 18.1% on intraday rally. Reason 3: New Century Logistics revamps board and committees (NCL). Reason 4: New Century Healthcare completes HKEX review. Reason 5 and 6: New Century Logistics (NCL) announces board changes again. So the key is that the stock in question is NCEW, but the board changes are for NCL (New Century Logistics) and New Century Healthcare. The surge in NCEW is mentioned in Reason 2. However, the detailed analysis in the input seems to conflate NCEW and NCL. For example, in the summary, it says "New Century (NCEW) surges... amid board restructuring and logistics sector momentum." So maybe the board restructuring here refers to NCEW's own board changes, but the initial news events mention NCL's board changes. This is confusing. Wait, in the input under Reason 6, there's a detailed summary in Spanish and English about New Century Logistics (BVI) Ltd (NASDAQ:NCL) announcing board changes. The names are similar but different tickers. However, in the detailed analysis part of the input, the surge in NCEW is attributed to board restructuring and sector tailwinds. So perhaps there's a mix-up here, and the user intended that the board changes for NCL (NCL) are the cause for NCEW's surge. But that's a stretch unless they are the same company, which they aren't. Alternatively, maybe the user made a mistake in the ticker symbols. Assuming that the user is referring to the same company, perhaps there's a typo. If NCEW is the correct ticker, then the relevant news is Reason 2 and the detailed analysis part mentions board restructuring for NCEW. However, the actual news events listed as Reasons 1, 3, 5, and 6 are about NCL (New Century Logistics). This is conflicting. The user might have intended that the board changes for New Century (NCEW) are the cause, but the news events listed don't mention NCEW's board changes except in the summary. Looking at the detailed content for Reason 2, it says "New Century (NCEW) surges 18.1% to $5.74 amid board restructuring and logistics sector momentum." So the summary here directly links the surge to board restructuring and sector momentum. Therefore, the relevant news is the board restructuring at New Century (NCEW) and the logistics sector momentum. However, in the input's listed news events, the board changes are for NCL, not NCEW. This is a problem. Wait, the user's input under "Recent News Events" lists multiple reasons, but some of them might be about different companies. For example, Reason 4 is about New Century Healthcare. The key is to focus on the news events that are directly related to the stock in question, which is NCEW (New Century). So the relevant news would be those that mention NCEW.