Magic Empire Global stock soared as much as 5,799% in its IPO debut on Friday. The move in the Hong Kong-based stock comes just days after shares of AMTD Digital saw a wild rally of more than 32,000% from its IPO debut. One thing in common both companies have is the low-float nature of their shares outstanding. Get the inside scoop on what traders are talking about — delivered daily to your inbox. Loading Something is loading.