What's Behind The Surge In Tian Ruixiang Holdings (TIRX) Stock?
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Shares of Tian Ruixiang Holdings Ltd (NASDAQ: TIRX) surged over 165% after announcing an $80 million strategic investment from Swiftstart. The investment involves purchasing shares at $1.50 each, nearly double the current trading price. The collaboration aims to enhance risk management systems and facilitate international expansion, while also exploring potential mergers and acquisitions. Despite the surge, TIRX remains 92.3% below its 52-week high, with significant trading volume reported.
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