Haoxin Holdings surged 14.82% in after-hours trading, driven by post-IPO liquidity constraints and technical volatility. The stock’s earlier 26.5% intraday rally, fueled by its April 2025 IPO and thin trading volume (1.09M shares, 43.96% turnover), amplified price swings as limited liquidity magnified buying pressure. Despite bearish technical signals like an oversold RSI (12.65) and bearish MACD (-0.165), the after-hours surge reflects continued post-IPO momentum amid a 52-week low of $0.50 and a 3.06 P/E ratio. However, historical backtests show such large intraday gains often reverse, with median next-day returns of -8% and no sustained momentum. The stock’s 9.71% monthly volatility and sector-specific risks from U.S.-China trade tensions further underscore caution, though the immediate move remains tied to liquidity-driven anomalies rather than fundamental sector strength.
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