AMTD is making big moves today. Find out why the stock is trading 40% higher:

AMTD Idea Group (AMTD) is trading 40% higher at $3.16 today. The stock is trading up as meme stock traders weigh jumping in for another future short squeeze. Judging by the price move, it seems like traders are willing to take the risk.

AMTD has been trading between a 52-week high of $12.9 and a 52-week low of $1.01. The stock has a market cap of $455 Million.

AMTD is a leading independent investment banking firm in Asia as measured by both the number and the aggregate offering size of Hong Kong and U.S. IPOs completed and a leading independent asset management firm in Asia.

As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

TipperGore-69 - 111 upvotes - source
This bbby does not have the same manufactured flavor as amtd and the other one. I’m in.

ErmineOfMight - 55 upvotes - source
I have other option positions I'm trying to get profits on. Those profits will go to more BBBY when I can get out of the trades. At least $4k worth. I think the opportunity here is ridiculous considering AMTD, and GME (despite RH and Melvin Capital's bullshit) I doubt RH would dare try to block the purchasing again considering their pending litigation. Let's make some cash off those motherfuckers

MetalliTooL - 7 upvotes - source
Wtf do AMTD and GME have to do with BBBY?

beenabroker - 1 upvotes - source
Amtd did what? When? Am I missing something?

Boring_Ad5232 - 1 upvotes - source
AMTD , we shouldn’t even be here together. I never really wanted you. It was a dumb decision ……but please keep pumping 

EvilCurryGif - 1 upvotes - source
AMTD has no relevance to these other two securities

PayZealousideal2331 - 1 upvotes - source
News Eargo, bbby, amtd, best!

RepresentativeRole44 - 1 upvotes - source
Why are you praying for a miracle when you can buy into VERU- an amazing drug company with good fundamentals. AMTD does nothing. VERU is producing a life saving drug for COVID. The choice is yours

CatsBy6969 - 0 upvotes - source
AMTD? 🪗

Logical_Carrot_1500 - 0 upvotes - source
$AMTD who’s hold ?