Massive Gains: 10 Stocks Investors Can’t Stop Buying

5. AtlasClear Holdings, Inc. (NYSEAmerican:ATCH)

AtlasClear extended gains for a second day on Thursday, climbing 23.15 percent to close at $0.8251 apiece as investors reacted positively to the return of a Wall Street veteran to its board of directors.

In a regulatory filing, AtlasClear Holdings, Inc. (NYSEAmerican:ATCH) welcomed the return of Steven Carlson as a board member effective on Wednesday, September 24, a year after stepping down from the board last year due to personal reasons. He will replace Sandip Patel, who assumed the role of the chief finance officer and general counsel, from being an independent director of the company.

“We are excited that Steve has agreed to return to our Board,” said AtlasClear Holdings, Inc. (NYSEAmerican:ATCH) Executive Chairman John Schaible.

“When Steve stepped away from the Board for personal reasons last year, it was a major loss of talent for the Company. Steve’s experience as co-founder of Marco Polo Exchange and CEO of MPS, former President of StoneX’s securities business, and Head of the global Emerging Markets business at Lehman Brothers, along with his prior service as a Board member of both the SPAC and ATCH, made him our preferred choice to add to the Board’s Independent members,” he added.

In other news, AtlasClear Holdings, Inc. (NYSEAmerican:ATCH) successfully raised $2.4 million in fresh funds from a private placement of convertible promissory notes.