Why Is Global Interactive Technologies Stock (GITS) Up 135% Today?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 03 2025
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Source: TipRanks
Stock Performance Update: Global Interactive Technologies (GITS) stock surged 136.2% in pre-market trading after the company addressed recent volatility and ongoing issues, despite a year-to-date decline of 67%.
Company Challenges: Following its IPO in 2023, GITS faced allegations of financial mismanagement and leadership changes, leading to a Neutral rating from analysts due to significant operational challenges and declining revenues.
Analyst Views on GITS
About GITS
Global Interactive Technologies Inc, formerly Hanryu Holdings Inc, is a holding company principally engaged in the social media platform creating and operating business. The Company mainly operates its global multi-media platform FANTOO with messenger, open social pages and community club functions. The Platform allow users to interacting, sharing, creating and engaging in various types of content, culture and commerce such as K-POP and modern Korean culture.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
