Markets HLP

Hongli Group Rally Continues

(RTTNews) - Hongli Group Inc. (HLP) shares are surging more than 40 percent on Monday morning trade continuing a surge since April 27. There have been no corporate announcements today to influence the stock movement.

The company had consummated its initial public offering or IPO of 2,062,500 ordinary shares, a par value of $0.0001 per share on March 31.

Currently, shares are at $5.89, up 40.24 percent from the previous close of $4.20, up 4,267,681.

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