Group 1 - Greenpro Capital's stock experienced a significant rally, closing up more than 34% on Monday with over 10 million shares traded, compared to an average daily volume of around 183,000 shares [1][3] - The rally was driven by the announcement of a strategic partnership between Greenpro Capital, its subsidiary Green-X, and Bank Islam Trust Company, aimed at penetrating the Muslim and Middle Eastern communities [1][2] - Following the rally, GRNQ stock fell 19.1% on Tuesday morning, with trading volume already exceeding the daily average at 230,000 shares [3] Group 2 - The CEO of Greenpro Capital, Dr. CK Lee, expressed excitement about the partnership with Bank Islam Trust, highlighting the demand for digital asset investments in the Middle East and plans to structure alternative investment products [2]
Why Is Greenpro Capital (GRNQ) Stock Down 19% Today?