Star Fashion Culture Holdings (STFS) Stock Surges Nearly 35% After Hours: Why is it Moving? - Star Fashio
Star Fashion Culture Holdings Ltd. (NASDAQ:STFS) shares rose 34.71% to $4.89 in after-hours after an intraday gain to $3.63, per Benzinga Pro. The move followed an SEC filing: on Jul. 22 the company agreed to sell 2 million Class B shares to Xingji Zhangpingting Limited for $2.60 million at $1.30 each. The buyer is controlled by the CFO, Zhang Pingting.

