Globavend Holdings (GVH) Stock Surges Over 28% After Hours: Why Is It Moving?

Globavend Holdings Limited (NASDAQ: GVH ) shares surged 28.53% to $6.17 after the bell on Tuesday after the Perth-based e-commerce logistics and AI entertainment company announced the release of its first fully AI-produced micro drama, “ Buried Innocent.” Proprietary AI Platform Fuels Expansion Globavend said the drama was produced using Imaginary, its proprietary AI cinematic production platform, which incorporates large language models, AI-assisted screenplay generation, character design, storyboard automation and text-to-video and image-to-video conversion, along with voice synthesis and multilingual dubbing. The company also released “ Kopi-Kopi,” a live-action micro drama, showcasing its hybrid AI-assisted production approach. Both titles are available for streaming on Globavend’s proprietary app, "Loomi: Short Drama," as well as on TikTok. Chairman Kai Ma...