YGMZ - MingZhu Logistics Soars 40% In Pre-Market After Securing Sinotrans Contract | Benzinga
On Thursday, MingZhu Logistics Holdings Ltd. (NASDAQ:YGMZ) experienced a surge in its stock price, trading above 40% in the pre-market on Thursday following a major contract announcement. Sinotrans Logistics Northwest Co., Ltd. has awarded a 1-year vehicle transport contract to MingZhu's subsidiary, Shanghai Feipeng Supply Chain Management Co., Ltd. ("Feipeng").
What Happened: At the time of writing, MingZhu was trading at $2.180 after it closed at $1.607 on Wednesday, according to Benzinga Pro.
According to a press release on Wednesday from MingZhu ...