Knorex Steps into the Era of Intelligent Advertising: AI Ad Tech Drives Stock Price Surge

Shares of Knorex Ltd. (KNRX), a micro-cap company in the advertising technology field, surged more than 170% on Thursday after the company launched its latest smart AI advertising API.

KNRX stock price soared.

Catalyst

The catalyst for this explosive shift is Knorex's API designed specifically for the smart AI era, which automates workflows for Meta Ads, Google Ads, LinkedIn Ads, and TikTok Ads.

Unlike traditional programmatic tools, Knorex stated that its brand-new API supports cross-channel automation. The company confirmed that this technology has been deployed with three strategic partners in the US and Southeast Asia, indicating immediate commercial viability.

Low Float Meets Huge Demand

Thursday's price action presented a perfect squeeze trend. According to Benzinga Pro, Knorex has an extremely low float of approximately 17.8 million shares, a significant portion of which is held by insiders and early investors post its IPO at the end of 2025.

The news this morning triggered a scramble for the limited share supply. The results were staggering:

Explosive Volume Growth: By noon, trading volume had skyrocketed to over 44 million shares, an astronomical increase compared to the usual average daily volume of around 37.5 thousand shares.

Price Velocity: According to Benzinga Pro data, the stock hit a historical low of 75 cents last week, with an intraday high of $3.45 before consolidating around $2.30.

Rocket Chasers, Beware!

For investors, KNRX's move on Thursday serves as a reminder of how quickly market sentiment can shift when a low-float tech stock encounters a news catalyst.

As the afternoon trading session neared the close, all eyes were on whether KNRX could hold onto its gains or if a trend reversal would occur as traders took profits.$Knorex(KNRX.US)