CHM.CN Waverunner Capital Inc. (CNQ) up 900% 29 Jan 2026: high-volume mover

The CHM.CN stock moved sharply today in Canada (CNQ), trading at C$0.05 after a 900.00% change from the prior close on 29 Jan 2026. This intraday move pushed market attention to Waverunner Capital Inc., a small-cap healthcare venture firm. Volume prints are sparse, but the 50-day average is 28,908 shares. Traders treat this as a high-volume mover moment, mixing potential speculative flows and realignment after a corporate rebrand from Chemistree Technology. We use market and sector context to connect the price action to valuation and liquidity risks