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Why AMTD Idea Group Stock Skyrocketed Today

Shares of AMTD Idea Group (NYSE: AMTD) soared on Tuesday as the Hong Kong-based company appeared to capture the fancy of investors. AMTD Idea Group is an investment holding company. The torrid gains in its share price appear to be related to a massive rally in the stock price of one of its subsidiaries: AMTD Digital (NYSE: HKD).