5 Stocks With Jaw-Dropping 14-74% Gains

4. Futu Holdings Ltd. (NASDAQ:FUTU)

Futu snapped a two-day losing streak on Tuesday, climbing 20 percent to close at $107.70 apiece, as investors positioned portfolios ahead of the results of its earnings performance in the first quarter of the year.

In a notice on its website, Futu Holdings Ltd. (NASDAQ:FUTU) said that it is scheduled to release its financial and operating highlights for the said period before market open on Thursday, May 28. A conference call will be held to elaborate on the results.

Earlier last week, Futu Holdings Ltd. (NASDAQ:FUTU) successfully repurchased $160 million worth of American depositary shares, representing its Class A ordinary stock. It said that it may continue to execute repurchases from time to time under its existing share repurchase program authorized in November 2025.

Buyback aside, the rally can also be attributed to bargain-hunting after its shares fell to a new 52-week low last Friday following its receipt of an investigation notice and an administrative penalty pre-notification letter from the China Securities Regulatory Commission (CSRC) in relation to its operations in mainland China.

The CSRC stated that certain Futu entities violated the Securities Law after conducting securities business, public fund sales business, and futures business in mainland China and Hong Kong, without obtaining the requisite licenses or approval.

“The proposed penalty remains subject to further proceedings and the final determination by the CSRC. The Company is entitled to submit statements, present defenses, and request a hearing. The Company will fully cooperate with the CSRC and exercise its lawful rights to safeguard the legitimate interests of the Company and its shareholders,” Futu Holdings Ltd. (NASDAQ:FUTU) said.