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Forward Industries Soars 118.28% on $1.65B Private Placement
Generated by AI AgentAinvest Pre-Market Radar
Monday, Sep 8, 2025 6:22 am ET1min read
Aime SummaryOn September 8, 2025,
soared by 118.28% in pre-market trading, marking a significant surge in its stock price.Forward Industries, Inc. recently announced a $1.65 billion private placement in cash and stablecoin commitments. This substantial investment is led by prominent firms such as
, Jump Crypto, and Multicoin Capital. The private placement is expected to bolster the company's financial position and support its strategic initiatives.The labor market in the U.S. has shown signs of slowing down, with job growth decelerating in August. This economic indicator could have broader implications for the stock market, including the performance of companies like Forward Industries.
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