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Why did this stock rally 3,000% in a day?
Eightco Eightco (US:OCTO) Finbold·2025-09-09 16:24

The share price of American inventory-management platform Eightco Holdings (NASDAQ: OCTO) staged one of the most dramatic rallies on Wall Street, soaring more than 3,000% in a single session on September 8.OCTO stock closed the day at 45.08afteropeningatjust45.08 after opening at just 1.45, briefly hitting an intraday high above 70beforeparinggains.OCTOone−daystockpricechart.Source:GoogleFinanceInvestorinterestacceleratedafterthecompanyannounceda70 before paring gains.OCTO one-day stock price chart. Source: Google FinanceInvestor interest accelerated after the company announced a 250 million private placement along with a $20 million strategi ...