Chijet (CJET) shares more than tripled on Wednesday after the China-based company significantly expanded its private placement offering from $20 million to$1 billion. Proceeds from this offering will be used to finance CJET’s “strategic transformation into the high-growth digital asset custody and storage market,” the Nasdaq-listed firm added in its press release. More News from Barchart Despite today’s price action, Chijet stock is trading only at a fraction of its price in mid-July. Shares reversed c ...