Skycorp Solar shares surge 13.54% after-hours as Nasdaq-100, S&P 500 gains boost market optimism.
ByAinvest
Friday, Jan 23, 2026 4:19 pm ET1min read
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Skycorp Solar Group Ltd surged 13.54% in after-hours trading, driven by its stock crossing above the 5-day simple moving average (SMA) and broad market strength. The Nasdaq-100 and S&P 500 rose 0.35% and 0.06%, respectively, signaling positive sentiment that likely bolstered investor confidence in Skycorp. The technical breakout above the SMA, a common indicator of short-term momentum, combined with the broader market's upward bias, attracted renewed interest in the stock. As a diversified player in solar products and high-performance computing, Skycorp's alignment with market trends in clean energy and tech sectors may have further supported its after-hours rally. The move reflects optimism about its growth potential amid favorable macroeconomic conditions.
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