Why Did AIOS Tech Stock Jump Over 43% After Hours?
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AIOS Tech shares surged 43.24% to $13.35 in after-hours trading following a filing for an extraordinary shareholder meeting on May 29. The proposal seeks to change the voting ratio for Class B shares from 5 to 100 votes per share. The Board recommends a "FOR" vote on all resolutions. AIOS reported a full-year EPS of -$47.65 and revenue of $5.07 million. The stock has a market cap of $30.28 million and has dropped 90.84% over the past year, closing the regular session up 5.79% at $9.32.
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