Happy Monday. $INHD is up a casual 1,814% because they signed a deal to build an 'AI-powered used mobile phone sales agent.' Yes, we are now putting neural networks on discarded iPhone 11s.
Not to be outdone, solar stock $SUNE gapped up 109% on a reverse merger, while $TDIC leaped 34% on zero news.
Before you market-buy this midday frenzy, check the data. For catalyst-driven gaps like this, historical backtests across 2,880 similar setups show they fade to red 65% of the time by the closing bell.
Chasing the midday high is a great way to subsidize someone else's exit liquidity. Then log off and let the data work.