Meme-driven TOP Financial Group stock skyrockets over 890%.

1 min read
Source: MarketWatch
Meme-driven TOP Financial Group stock skyrockets over 890%.
Photo: MarketWatch
TL;DR Summary

The stock of TOP Financial Group, a Hong Kong-based broker, surged more than 890% on Friday with no apparent news to drive the move. The company cautioned investors to rely solely on statements and filings with the SEC issued by the company itself or its authorized representatives. TOP is popular with the Reddit group WallStreetBets, and a user was encouraging others to look at after-market trades from late Thursday. The stock is 92.7% owned by insiders, and it specializes in the trading of local and foreign equities, futures, options, and other financial services.

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