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via BeInCrypto · By BeInCrypto Editorial
Used Phone Seller Adds 31x Its AI Deal Value in a Single Day
BE
BeInCrypto Editorial(12:06 PM UTC)
1 min read
Shares of Inno Holdings (INHD), a Hong Kong used phone reseller, jumped roughly 3,661% on Monday to close near $39.49 after the company disclosed a $3 million contract to build an AI sales agent.
The one day move added about $95 million in market value, roughly 31 times the size of the deal. The reaction has revived a sharp question about whether AI hype now sets prices that fundamentals cannot…
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