US-listed Infosys shares surged nearly 40% in minutes, briefly adding billions to its market value and triggering a NYSE trading halt due to extreme volatility. The rapid, unexplained rally, occurring during low liquidity, is being attributed to a potential short squeeze or a data error mislabeling the ticker.
Infosys stock shock! Why did ADRs jump nearly 40% in minutes on NYSE? Explained
Published 4 hours ago
Source: timesofindia.indiatimes.com
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