Powell Strikes Again - Next Rate Shock Looms October 28-29

The Fed just cut rates by 0.25% - but this is no relief. It's the start of a dangerous cycle that could crush the dollar. With another Fed meeting looming Oct. 28-29, smart investors are already moving. See 3 urgent steps to protect yourself before it's too late.

AGM Group Holdings Stock Shoots Up 159% After Hours: Here's What's Happening

Mohd Haider
September 18, 2025

AGM Group Holdings Inc. (NASDAQ:AGMH) surged 158.74% during after-hours trading to $5.77, up from its $2.23 closing price on Thursday, following the filing of Form 6-K with the Securities and Exchange Commission.

Check out the current price of AGMH stock here.

$57.5 Million Semiconductor Subsidiary Sale Completed

The filing revealed that AGM’s subsidiary in Hong Kong finalized the sale of Nanjing Lucun Semiconductor Co. Ltd. to Hong Kong Giant Electronics Co., Limited for $57.45 million on May 7. Nanjing Lucun mainly manufactures advanced hardware and computing equipment.

See Also: Elizabeth Warren Says Measles Can Hit Record Highs, Slams RFK Jr.’s CDC Panel For Delaying Vaccine: ‘How Does That Keep Our Kids Safe?’

Market Response to Strategic Restructuring

The after-hours surge suggests investors view the asset sale as transformational, providing the fintech with cash proceeds exceeding 13 times its current market capitalization. The filing also includes unaudited pro forma financial statements showing that continuing operations generated $3.41 million in net income for 2024, with revenues of $32.04 million.

Pro Forma Results

The deal marks a significant sale for AGM, a company with a market value of $4.29 million and a price-to-earnings ratio of 0.32. AGM’s stock has been highly volatile, fluctuating between $1.09 and $108.48 over the past year.

For 2025, the stock of the Hong Kong-based company is down 97.05%. On December 31, the year-to-date peak was $75.50 with a volume of 125K. Yesterday, the stock closed at $2.23 with a volume of 77K, marking a 97.03% decline from the peak.

Price Action: AGMH closed down 5.91% during regular trading hours before the dramatic reversal, according to Benzinga Pro data.

Benzinga’s Edge Stock Rankings indicate that AGM is experiencing short-term upward movement. Know how its momentum lines up with other well-known names.

Read Next:

  • Gary Gensler Says He Made The ‘Right Calls’ As SEC Chair: Crypto Trades Mostly On ‘Hype’ And Is Risky For Everyday Investors

Image: Shutterstock/ Who is Danny

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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