BrilliA Stock (BRIA) Surges 100% on Dividend Announcement
BrilliA (BRIA) shares doubled in pre-market trading after the intimate apparel Maker declared a $0.133 per share cash dividend. The $2.99 million payout, payable September 2025, triggered unusually heavy trading volume—11 million shares versus a 3-month average of 2,760.
CEO Kendrew Hartanto framed the dividend as evidence of strong fundamentals, though BRIA remains down 33% YTD. The explosive move highlights how corporate actions can spark volatility in low-float stocks, even without direct cryptocurrency market connections.