Inno Holdings Inc. (INHD) shares rose 5.71 percent, up $0.0221 to $0.4090 on Wednesday, after the company announced an Artificial Intelligence strategic initiative aimed at improving efficiency across its electronic devices trading business.
The stock is currently trading at $0.4090 compared with its previous close of $0.3869, after opening at $0.3892 on the Nasdaq. Shares moved between $0.3890 and $1.3500 during the session, while trading volume surged to 166.04 million shares, sharply above the average daily volume of 380,665.
The company said it plans to develop AI-powered tools including a mobile phone quality inspection system, rating system and pricing system to support procurement, sales and product inspection. Inno Holdings' 52-week range is $0.3890 to $474.72.
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