Why GD Culture Group Stock Popped Today

GD Culture Group Limited GDC shares are trading higher on Monday shares are trading higher after the company unveiled its AI-driven digital human technology on TikTok.

What To Know: The company announced Monday that it is employing innovative AI-driven digital human technology to enhance the experience of its users on TikTok.

The purpose of the technology is to, "create digital humans with lifelike appearances, facial expressions, and movements seamlessly bridging the gap between reality and the digital world."

The realistic digital humans are customized for digital human live-streaming e-commerce and virtual anchors. 30 virtual anchors, with unique appearances, personalities, and voices, have been created and are currently live on TikTok, offering viewers and followers with informative, entertaining, and inspiring content.

Trading of GD Culture Group stock was halted and resumed twice on Monday following the company's announcement. Trading was marked by unusually high volume as well. According to Benzinga Pro, the stock experienced above average trading volume of 5.89 million, compared to its average volume of 1.03 million.

Related Link: Why ReNew Energy Global Shares Are Trading Higher By Around 14%? Here Are Other Stocks Moving In Monday's Mid-Day Session

GDC Price Action: Shares of GDC were up 13.9% at $3.76 at the time of publication, according to Benzinga Pro. 

Image by Vicki Hamilton from Pixabay