The massive gains made by stocks despite there being no news about the companies in question can sometimes prove to be quite confusing for investors. On Tuesday, the Times Neighborhood Holdings Ltd (OTC: TNHDF) stock soared by as high as 530% although there was no news about the company.
That being said, it cannot be denied that the magnitude of the gains made by the stock is likely to make it popular among many investors. Hence, it is also necessary to have a better idea about the company. The company is involved in the property management industry and works primarily with a range of developers, government agencies, and property owners in China. It was established back in 1998 and is based out of Guangzhou in China.
Over the course of the past decades, Times Neighborhood has emerged as a well-known operator in its industry. In this situation, it could be a good move for investors to keep an eye on any developments about the company.