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Stock Alert: Puhui Wealth Investment Management Surges 55%

Shares of Puhui Wealth Investment Management Co., Ltd. (PHCF) are gaining over 50% on Wednesday morning despite no-stock related news.

PHCF is currently trading at $5.06, up $1.78 or 54.27%, on the Nasdaq.

Puhui Wealth Investment Management through its subsidiaries, provides third-party wealth management services in China. The company markets financial products, such as private equity funds, securities investment funds, and private placement bond products to high-net-worth individuals and small and medium enterprises.

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