Shares of WeTrade Group Inc. ran up 12.1% in volatile trading Tuesday, after the China-based developer of ecommerce platforms for microbusinesses debuted on the Nasdaq exchange, and announced the pricing of its $40 million stock offering. The stock was uplisted to the Nasdaq Capital Market as of Tuesday, after previously trading over the OTC Market. It has been halted volatility no less than four times since the opening bell, as it soared as much as 54.9% and was down as much as 2.5% in intraday trading since the open. Separately, the company said its public offering of 10 million shares priced at $4.00 per share, or about 66.8% below where it was recently trading. The stock has nearly quadrupled (up 282.1%) over the past three months. The S&P 500 has lost 13.0% this year.
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