Fitness Champs Holdings (FCHL) Stock Surges Over 44% After Hours Amid Pump-And-Dump Fraud Allegations
Summary
Fitness Champs Holdings (FCHL) shares jumped 44.36% to $1.92 in after-hours trading on Tuesday, a sharp reversal from the regular session where they fell 16.35%. This surge comes despite a class action lawsuit filed by Pomerantz LLP alleging that FCHL was used in a coordinated pump-and-dump scheme. The complaint states that impersonators drove the stock to $7.20 on Sep. 19, 2025, via online forums and social media without fundamental news, only for shares to collapse 84.6% to $1.07 four days later. With a market cap of $1.66 million, the Singapore-based company has dropped 99.93% over the past year and trades near its annual low. The stock also has an exceptionally high short interest of 97.8%, indicating strong bearish sentiment.
(Source:Benzinga)