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home / news releases / AACG - ATA Creativity plunges after almost 1000% gain yesterday on no news

AACG - ATA Creativity plunges after almost 1000% gain yesterday on no news

ATA Creativity Global
ATA Creativity Global (AACG) dropped 52% following a 950% gain yesterday on no news after the stock benefitted from positive mentions in places like Stocktwits, Youtube, Twitter and other sites.ATA Creativity spokesman yesterday said there was no news behind the stock move. The stock's volume was 314m shares, well above it normal volume of about 50k shares. The Chinese education company has about 30m shares outstanding.  Today's volume currently stands around 9.4m.A poster on Seeking Alpha attributed the original move to an unidentified penny stock newsletter.Recall Nov. 12, ATA Creativity Global reports Q3 results.

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ATA Creativity plunges after almost 1000% gain yesterday on no news
Stock Information
Company Name: ATA Creativity Global
Stock Symbol: AACG
Market: NASDAQ
Website: ir.atai.net.cn
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