Northann Corp shares surge 39.79% after-hours as stock crosses 5-day SMA amid sector rotation despite broader market weakness.

Northann Corp surged 39.80% in after-hours trading, building on a pre-market surge that crossed above the 5-day SMA and signaling strong investor interest. The movement occurred amid broader market weakness, with the Nasdaq-100 and S&P 500 declining, and reflects a potential sector rotation toward specific industries. The stock's rise, attributed to technical indicators and shifting investor sentiment, highlights growing optimism in Northann’s sustainable material and 3D printing technologies, which position the company for growth despite broader market challenges.