After-hours trading | Chaotic dance of demons, blockchain concept stocks continue to soar.

LB Select
2024.02.27 06:01
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Overnight, blockchain concept stocks surged: CLSK rose by 23.8%, Marathon Digital surged by 21.6%, Riot surged by nearly 17%, Coinbase exchange surged by 16.8%, and the night market continued to rise one after another.

Overnight, blockchain concept stocks surged:

Mining stock Marathon Digital rose by 21.6%, will announce earnings report after-hours on the 28th;

Exchange Coinbase surged by 16.8%, Riot surged by nearly 17%, CLSK rose by 23.8%.

BTC surged by about 9% in the past 24 hours, currently breaking through $56,000:

Blockchain concept stocks continued to rise in the overnight session.

Top gainers in the overnight session:

CLSK, MARA, COIN and others led the gains, with Li Auto's performance exceeding expectations, surging by 18.79% overnight, and continuing to rise by 8% in the overnight session.

In addition, driven by the bullish trend in the U.S. stock market, brokerage stocks like Robinhooh also continued to rise.

Top decliners in the overnight session:

Software stock U fell sharply by 18.8% due to underperforming results, while Chinese concept stocks continued to rebound, with the triple-short target YANG falling by 3.55%.

What is overnight trading?

The emergence of overnight trading allows trading in the U.S. stock market to be conducted 24 hours a day, better aligning with the working hours of people in the East.

Investors can trade U.S. stocks in a timely manner based on the market conditions in the Asia-Pacific region and unexpected events in Hong Kong and the U.S., without having to wait for the U.S. market to open in the evening.

The U.S. overnight trading session is from 8:00 p.m. to 3:50 a.m. Eastern Time from Sunday to Thursday, with overnight trading, pre-market trading, intraday trading, and after-hours trading together forming the 24-hour U.S. stock trading .

Risk Warning

The trading volume in overnight trading is generally much smaller than during regular trading hours, and usually smaller than after-hours and pre-market trading, so please be aware of slippage risks; in addition, there is significant volatility risk around major events such as the release of earnings reports by listed companies.