AMTD Digital Inc. designs and develops a digital platform to provide financial, media, content, marketing, and investment solutions. It provides digital banking and insurance technology platforms for consumers and small and average enterprises; and SpiderNet ecosystem, a platform to improve their investor communication, investor relations, and corporate communication to improve their valuation.



The company’s platform supervises portfolio companies, including tracking business and technology development, competitive landscape, latest technological trends, economic risks, and financial analysis. The company was amalgamated in 2019 and is based in Central Hong Kong.

AMTD Digital aims to leverage its scarce and inclusive digital financial licenses and provide:
Integrated digital banking.
Digital insurance.
Digital asset exchange.
Digital payments and remittances.
Other digital licensed businesses across Southeast Asia and the Greater Bay Area.

Until Wednesday, the stock had been skyrocketing since its mid-July IPO for no apparent reason, drawing comparisons to the meme stock trading frenzy that occurred in early 2021. Before the recent declines, the stock had risen as high as $2,555 per share, up from an IPO price of just $7.80, at one point giving the company a valuation of more than $300 billion and making it one of the largest in the United States by market capitalization.

Despite the stock’s recent struggles, AMTD Digital still has a market capitalization of almost $160 billion, giving the company a higher valuation than big names like Morgan Stanley, Intel, CVS, and AT&T.

AMTD Digital Stock Price
AMTD Digital Stock was trading at $68.00 at the beginning of the year. Since then, AMTD Digital’s stock has increased by 960.6% and is now trading at $721.23. One share of AMTD Digital stock can be purchased for $721.23 currently.

AMTD Digital Stock Price Forecast
AMTD Digital Stock traded down $78.77 during midday trading on Friday, reaching $721.23.49,594 shares of the stock traded hands, compared to its average volume of 979,265. AMTD Digital has a fifty-two-week low of $12.05 and a fifty-two week high of $2,555.30.

Analysts predict the 12-month price forecasts for AMTD Digital Stock have a target of 8.90, with a maximum estimate of 8.92 and a minimum estimate of 8.89.

Where And How To Buy AMTD Digital Stock
If you’re looking for where to buy AMTD Digital Stock, you can do so from an online trading platform with access to the U.S. market, bearing in mind this is a highly volatile situation, and the risks of buying are high. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, T.D. Ameritrade, E-TRADE, Robinhood, Fidelity, and Charles Schwab.

Source: https://eodvn.com/amtd-digital-stock-price-forecast/