Syndata Stock Hits 15-Month High, Igniting Day Trading Frenzy!
According to reports, due to U.S. President Donald Trump's tariffs against China, the Taiwanese stock market continues to shake, with the service sector gaining notable attention. Syndata’s stock price surged to a nearly 15-month high, captivating day traders.
Yesterday, the stock opened higher and ended up 4.21% at NT$47, with a massive trading volume of 89,000 shares, of which 90% were day trades. This year, Syndata's revenue for the first three months reached NT$4.95 billion, a significant increase of 42.49% year-on-year. However, elevated turnover rates and day trading ratios have made it a focus of concern, prompting speculation among investors about whether this is a case of misleading investment.
