AVEM is trading at $98.85, up 13.31% after hours; no credible report located explains the sharp rise. - Available coverage instead describes broad declines in Asian markets on October 22, including losses in the KOSPI and Hang Seng. - Reports of tanker damage in the Strait of Hormuz pushed oil higher and added geopolitical risk. - AI-spending concerns weighed on technology stocks; these factors help explain market weakness, not AVEM’s reported after-hours spike.