Happy City Stock Jumps After Nasdaq Reopening, Traders Eye $20 Million Equity Line
Shares of Happy City Holdings Limited jumped roughly 5% in late-morning trading Tuesday on Nasdaq. U.S. markets reopened after Memorial Day, and buyers came back to the Hong Kong hotpot group’s lightly traded stock. Class A shares last traded at $3.62, up 18 cents on the day, with 454,531 shares exchanging hands. The stock opened at $3.53 and ranged from $3.47 to $3.69, according to market data.