Inno Holdings Inc. (NASDAQ:INHD) traded 2% higher in the pre-market session on Friday at $5.02, following a volatile regular trading day that saw the stock decline 6.88%.
he after-hours movement comes after Monday’s explosive 254.45% rally that captured retail investor attention.
Check out the current price of INHD stock here.
Federal Reserve Chair Jerome Powell‘s dovish Jackson Hole comments last week sparked optimism across housing-related equities. Powell’s hints at September rate cuts have investors positioning in real estate technology companies, anticipating an “unfreezing” of the housing market.
See Also: Opendoor Stock Extends Gains, Rises Over 3% In After-Hours Session
INHD’s building technologies division stands to benefit from lower borrowing costs, which typically stimulate construction activity and housing transactions.
The current surge began with Opendoor Technologies Inc. (NASDAQ:OPEN), which rallied over 790% since late June. Retail traders expanded their focus to include Offerpad Solutions Inc. (NASDAQ:OPAD) and INHD, creating a broader housing-tech momentum play.
Social media promoters have targeted these companies based on their exposure to AI-driven property disruption themes and potential Federal Reserve policy tailwinds.
Market capitalization currently stands at $28.57 million with a 52-week range of $1.11-$19.78, reflecting the stock’s extreme volatility profile.
Price Action: According to Benzinga Pro data, INHD closed at $5.01 on Thursday.
Benzinga Edge Stock Rankings indicate that INHD stock has a positive price trend across all time frames. Track the performance of other players in this segment.
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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