Why XMax Inc. (XMAX) stock rose 24.4% on Wednesday, November 4, 2026

XMax Inc. (XMAX) closed at $5.22, up 24.43% on Wednesday, November 4, 2026, on volume of 2,321,376 shares (3.1× its 3-month average); market value about $300.0M.

What happened: primary sources

Events Nexqual found for XMAX on Wednesday, November 4, 2026 or the trading day before (November 3, 2026):

• Nov 3, 2026: SEC 8-K: Quarterly results source
• Nov 3, 2026: SEC 8-K: Other material event source
  Quoted from the filing: “On October 31, 2026, the Board of Directors (the "Board") of XMax Inc. (the "Company") approved a share repurchase program (the "Repurchase Program") under which the Company may repurchase up to $30,000,000 in aggregate purchase price of its outstanding common stock, par value $0.001 per share (the "Common Stock"). On November 2, 2026, the Board amended the Repurchase Program by unanimous written consent to revise the conditions to its commencement, as described below. Under the Repurchase Program, the Company may…”

These are listed as context. A filing or rating change on the same day is not proof that it caused the move; read the source.

More on XMAX

XMAX stock page: price, SEC financials, insider trades, superinvestor holders, analyst estimates and options. Other big moves that day: November 4, 2026.

Sources: SEC EDGAR, Nexqual Earnings Flash, analyst rating changes, Nexqual market data. Built November 10, 2026 at 16:46 UTC. Not investment advice.

Data source: Nexqual. Last updated: November 10, 2026 at 16:46 UTC. This page is informational and not investment advice.

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