Agape ATP Stock Falls 10% Despite $24 Bln Supply Agreements

(RTTNews) - Agape ATP Corporation (ATPC) is trading at $1.15, down 10.84 percent or $0.13 during Thursday's trading, following the announcement of two Sales and Purchase Agreements worth approximately $24 billion with Swiss One Oil & Gas AG.

The stock opened at $2.0501 and has traded between $1.1400 and $2.1600 today, compared to a previous close of $1.2900 on the Nasdaq. Trading volume has surged to 32.83 million shares, well above the average of 2.87 million. The stock's 52-week range is between $0.9000 and $8.0000.

The agreements, facilitated through ATPC Green Energy, build on an earlier purchase order for refined fuels, including Jet Fuel A1 and EN590 10PPM diesel. The company will supply these fuels over 12 months, with an initial trial order scheduled to commence in March 2025.