What caused the volume spike in FZKA.F stock?

The volume spike likely reflects thin liquidity and concentrated orders: **11,050** shares traded versus an average of **17**. There was no public earnings release; retail flows or block trading probably drove the after-hours spike on XETRA.

What are the main financial risks for The9 Limited (FZKA.F)?

Primary risks include negative EPS (**-53.96**), negative operating and free cash flow per share, and very low trading liquidity. Valuation ratios are distorted by the low share price, increasing volatility and execution risk.

How does Meyka AI grade affect the view on FZKA.F?

Meyka AI rates FZKA.F at **62.59/100** (Grade B, HOLD). The grade balances asset value and sector context against negative margins and weak cash flow. It is an informational score, not a recommendation.

What short-term price scenarios should traders consider?

Traders should plan for volatile moves: a bounce to around **€0.90** on renewed demand, consolidation near **€0.50** if selling continues, or sudden gaps due to thin volume. Use tight risk controls on XETRA.

DE Stocks

Volume spike: FZKA.F The9 Limited XETRA 05 Feb 2026 signals trader interest

ByHuzaifa Zahoor February 5, 2026February 5, 2026

FZKA.F stock jumped into the spotlight after hours on 05 Feb 2026 when volume surged to 11,050 shares, about 650.00x its average. The share price closed the session at €0.61, down 8.27% for the day. This volume spike on XETRA in Germany suggests fresh trader interest in The9 Limited amid thin liquidity. We analyse the trade, key ratios, and near-term scenarios to help investors understand why the stock moved and what to watch next.