Chanson International shares surge 11.42% intraday as lock-up period expires on September 26.

Chanson International (CHSN) surged 11.42% intraday following news that the company’s lock-up period for insiders expired on September 26. The lock-up expiration, which allows previously restricted shareholders to sell shares, typically signals potential selling pressure but may also indicate renewed liquidity and investor confidence in the stock’s prospects. The stock’s sharp intraday gain suggests traders interpreted the event as a catalyst for positive momentum, possibly anticipating improved market access or strategic developments post-expiration. Other news events, including unrelated music industry updates and prior IPO announcements, were not material to the intraday price action.