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Futu Holdings Plunges 11.39% on Market Pessimism
Generated by AI AgentAinvest Movers Radar
Monday, Apr 7, 2025 4:45 am ET1min read
Futu Holdings plunged 11.39% in pre-market trading on April 7, 2025, marking a significant decline in its stock price.
Futu Holdings experienced a notable drop in its stock price on Friday, driven by broader market pessimism. This decline occurred despite the company's recent news and developments, indicating that external market factors played a significant role in the stock's performance.
Additionally, the stock saw unusually large options trading activity on Friday, with traders purchasing a substantial number of call options. This activity suggests that some investors may be anticipating a potential rebound in the stock's price, despite the recent decline.
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