US stocks are moving abnormally. Announces a $50 million stock buyback plan. Love Recycling (RERE.US) rises more than 8%.

According to the Securities Times APP, on Monday, the stock price of Love Recycling (RERE.US) rose, with the stock up over 8% to $3.785 as of the press. In terms of news, the company announced a $50 million stock repurchase plan. Love Recycling is a China-based second-hand consumer electronics recycling and trading platform, specializing in the recycling, testing, refurbishing, and resale of electronic products such as mobile phones, laptops, and tablets.