News Snapshot:
Traders work on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., August 8, 2022. REUTERS/Andrew Kelly Reuters By Medha Singh and Anisha Sircar (Reuters) - Hong Kong-based fintech firms AMTD Digital, Magic Empire Global and Top Financial Group tumbled on Tuesday after a meteoric rally this month that was reminiscent of last year's meme-stock frenzy. The obscure companies have recorded eye-watering gains just days after their U.S. market debuts, with AMTD Digital climbing to as high as $2,555.30 last week from its debut price of $7.80 in July. At its peak, the...
