Why Society Pass Stock Skyrocketed This Week

Shares of Society Pass (NASDAQ: SOPA) were soaring in their debut week as investors gave a warm reception to the diversified Southeast Asia-focused e-commerce company. 

According to data from S&P Global Market Intelligence, the stock had gained 440% from its $9 initial public offering (IPO) price as of Thursday afternoon, trading at $48.59.

Image source: Society Pass.

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Source Fool.com