Why Did CDT Environmental Tech (CDTG) Stock Pop 42% After Hours

fidelity
2026.03.05 05:48
portai
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CDT Environmental Technology Investment Holdings Ltd. (CDTG) saw a 42.02% increase in after-hours trading, reaching $0.45, following a 32.33% rise to $0.32 during regular trading. The surge was driven by an SEC filing proposing the sale of up to 62 million Class A shares at $0.105 each, potentially raising $6.51 million. Despite this, CDTG's stock has declined 75.41% over the past year, trading near its 52-week low of $0.20, indicating a need for confirmation before any recovery can be expected.