Haoxin Holdings surges 21.19% after-hours on post-IPO liquidity-driven rebound.

Haoxin Holdings surged 21.19% in after-hours trading following a 26.5% intraday rally, driven by post-IPO liquidity constraints and speculative buying. The stock, which completed a $7M IPO in April 2025 at $4/share, has traded below $1 since, with thin order books amplifying volatility. Despite bearish technical indicators—including an oversold RSI (12.65), bearish MACD (-0.165), and a bearish engulfing pattern—the rally reflects short-term liquidity-driven momentum rather than fundamental strength. The stock’s 43.96% turnover rate (1.09M shares) far exceeded its 10-day average of 107K, suggesting a surge in speculative activity. While the logistics sector faces broader risks from tariff uncertainties, HXHX’s move appears isolated to its post-IPO trading dynamics, with analysts cautioning that such volatility often reverts to the mean. The after-hours gain aligns with the intraday rebound, as limited liquidity continues to drive disproportionate price swings.