QMMM Holdings (NASDAQ: QMMM), a digital media and virtual apparel firm based in Hong Kong, experienced significant fluctuations in its stock on Tuesday after announcing a bold shift towards blockchain and artificial intelligence. After finishing more than 1,700% higher at $207 during regular trading, the stock dropped 59% in after-hours trading before leveling off at approximately $80 in pre-market hours – still about eight times the opening level on Tuesday.