AMTD Digital (NYSE:HKD) Shares Gap Up – Here’s What Happened

AMTD Digital Inc. (NYSE:HKDGet Free Report) shares gapped up before the market opened on Thursday . The stock had previously closed at $2.65, but opened at $2.94. AMTD Digital shares last traded at $3.16, with a volume of 1,491,299 shares.

AMTD Digital Price Performance

The company has a fifty day moving average price of $2.78 and a two-hundred day moving average price of $3.05.

Institutional Investors Weigh In On AMTD Digital

An institutional investor recently bought a new position in AMTD Digital stock. International Assets Investment Management LLC purchased a new position in shares of AMTD Digital Inc. (NYSE:HKDFree Report) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 13,520 shares of the company’s stock, valued at approximately $460,000. Institutional investors and hedge funds own 5.75% of the company’s stock.

About AMTD Digital

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AMTD Digital Inc, through its subsidiaries, designs and develops a digital platform to provide financial, media, content and marketing, and investment solutions in Asia. The company operates through Digital Solutions ServicesFinancial Services, Digital Solutions ServicesNon Financial Services, Digital Media, Content, and Marketing Services, and Digital Investments segments.

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