WINS Rockets Up Again
A few months ago, a tiny Chinese company (that trades on Nasdaq and is part of the Russell 2000) soared 4,500% and then crashed after Bloomberg reported on the ‘surprisingly’ strong debut. Well, it’s happening again… Wins Finance Holdings has exploded 1000% in the last few days and nobody knows why.
No, this is not a Bitcoin-related entity… The company’s market value later tumbled by billions of dollars after Bloomberg reported in March on the mystery.
Last Thursday, the company was worth around $400 million.
On Wednesday, it had a market capitalization of more than $4 billion.