Why Did Agape ATP Corp (ATPC) Stock Surge 44% After Hours? - Agape ATP (NASDAQ:ATPC)
Agape ATP Agape ATP (US:ATPC) Benzinga·2025-12-17 06:53

Core Viewpoint - Agape ATP Corporation's stock experienced significant volatility, with a notable after-hours surge of 43.89% to $0.13, despite a prior closing price of $0.090, which represented a decline of 25.86% [1][2]. Company Statement - The company addressed the recent stock volatility, stating that management is unaware of any undisclosed corporate developments or adverse operating conditions that could explain the price fluctuations [2]. - Agape ATP confirmed that its operations are continuing as usual [2]. Management Commentary - Prof Dato' Sri Dr How Kok Choong, the founder and Global Group CEO, emphasized the company's commitment to diversifying its businesses in health and wellness, as well as sustainable green energy, to enhance sustainable equity performance for investors [3]. - The company pledged to maintain timely disclosures of developments through regulatory filings [3]. Recent Financial Performance - For the third quarter, Agape ATP reported revenue of $370,590, a decrease from $465,500 in the second quarter, with a loss of $0.01 per share, consistent with the previous quarter [4]. Trading Metrics - Year-to-date, ATPC shares have declined by 92.24%, with a market capitalization of $4.55 million. The stock has traded within a 52-week range of $0.05 to $2.93 [5]. - Benzinga's Edge Stock Rankings indicate a negative price trend for ATPC across all time frames [5].

Why Did Agape ATP Corp (ATPC) Stock Surge 44% After Hours? - Agape ATP (NASDAQ:ATPC) - Reportify