First time posting here because I came across this subredit while looking for info on TUYA.
Tuya is a Chinese company that makes technology that supports IOT and smart devices. I love their platform and always prefer smart home devices that use it. Since they are a Chinese company I had no idea they were traded in the US or I would have invested sooner. Too much sooner and it would have been a disaster, but a few months ago would have been nice.
Anyway, I found out I could buy their stock last weekend and saw that it's way down from former highs. With little to lose, I bought it on Tuesday without doing much research and I'm already up 19% (which is just $0.46). Most of that was today and trading volume was way above average. But I have no idea why, there's no news or anything that I could find. Anyone know?
I wish I discovered this back in November when it was under $1.00 because it's up 300% since then 🙁
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