Able View Global surged 19.53% in premarket trading amid heightened cybersecurity sector momentum driven by Chainguard’s $636M supply chain security funding and a China-linked Smishing campaign affecting 194,000 domains. These developments intensified speculative demand for sector-related stocks, with ABLV benefiting from its low float and high volatility profile despite lacking direct ties to the news. The stock’s premarket rise aligns with intraday surges reported earlier, as traders capitalized on sector-wide urgency and oversold technical conditions. While Honeywell (HON) and other sector peers underperformed, ABLV’s breakout reflects short-term bets on cybersecurity resilience, with key technical levels at $0.906 (resistance) and $0.722 (support) now critical for sustaining momentum.
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