TechCreate shares surge 105.05% intraday as no news momentum and heavy trading persist, with management citing no material info.

TechCreate surged 105.05% intraday after a parabolic 889% rally on Thursday and a 118% premarket jump, driven by speculative trading and short-covering pressures. The Singapore-based payment software firm issued a statement denying material nonpublic information, while Bloomberg data indicated ~25% of its float was shorted, amplifying volatility. Despite no corporate news, heavy trading volume—$280 million on Thursday alone—suggested retail investor frenzy and a potential short squeeze. The NYSE American also probed the trading activity, though no regulatory action was announced. The lack of fundamentals and extreme momentum left the stock vulnerable to rapid reversals, with traders bracing for further swings ahead of the market open.