TryHard Holdings Limited (NASDAQ:THH – Get Free Report) shares saw an uptick in trading volume on Wednesday . 312,740 shares traded hands during trading, an increase of 84% from the previous session’s volume of 169,554 shares.The stock last traded at $14.70 and had previously closed at $55.05.
More TryHard News
Here are the key news stories impacting TryHard this week:
- Positive Sentiment: Board authorized a US$10.0 million share repurchase program (supports the share price by creating buy demand and signals management confidence). Repurchase Program
- Positive Sentiment: TryHard has an Equity Purchase Agreement giving it the right to raise up to US$25.0 million from Summer Explorer over 12 months — provides near-term liquidity and optional capital to fund growth or operations. Equity Purchase Facility
- Neutral Sentiment: TryHard entered a binding collaboration with Carnegie Hill Capital Partners to pursue a Hong Kong–based entertainment investment fund (USD 10–20M target); strategic expansion but subject to approvals and final documentation. Fund Collaboration
- Neutral Sentiment: Media coverage noted large intraday gains earlier (an article flagged THH was up materially pre-market/early session), which can amplify trading swings but does not change fundamentals on its own. AAII Coverage
- Negative Sentiment: Multiple LULD (Limit Up/Limit Down) trading halts throughout the last two days — signals extreme intraday volatility and likely aggressive buying/selling pressure that disrupts orderly trading and can deter investors.
- Negative Sentiment: The Equity Purchase Agreement includes issuance of 17,000 “Commitment Shares” and registration rights that would facilitate resale of shares — this raises dilution risk and potential selling pressure as shares can be registered for public resale. Dilution / Registration Rights
- Negative Sentiment: Trading volume is well above average today (intraday volume >> typical), consistent with the stock’s large price swing and the repeated halts — elevated volume plus volatility often precedes further short-term price moves against retail holders.
Analyst Ratings Changes
Several brokerages recently commented on THH. Wall Street Zen upgraded TryHard to a “hold” rating in a report on Thursday, September 18th. Weiss Ratings reiterated a “sell (e-)” rating on shares of TryHard in a research note on Monday, December 29th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, TryHard has an average rating of “Sell”.
TryHard Price Performance
The stock’s 50 day moving average is $15.38.
Institutional Trading of TryHard
A hedge fund recently bought a new stake in TryHard stock. Citadel Advisors LLC acquired a new position in shares of TryHard Holdings Limited (NASDAQ:THH – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 84,923 shares of the company’s stock, valued at approximately $607,000. Citadel Advisors LLC owned approximately 0.17% of TryHard at the end of the most recent reporting period.
About TryHard
As a lifestyle entertainment company in Japan, we aim to be on the cutting edge of the entertainment industry by introducing state-of-art technology, immersive storytelling, and bespoke experiences that are multi-sensory. Our mission is to create unique entertainment experiences that captivate audiences, foster memorable connections, and leave a lasting impact. Our principal businesses comprise (i) event curation, (ii) consultancy and management services; (iii) sub-leasing of entertainment venues; and (iv) ownership and operation of restaurants.
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