Shares in Creative Technology (CREA.SI) jumped as much as 22.7% today to $5.52 from $4.50, prompting a query from the Singapore Exchange.

The firm has not yet responded, but an analyst said the spike could be due to the firm’s new partnership to produce high-quality PC sound systems with THX, a firm founded by film maker George Lucas.

Another trader from a local dealership said: “The stock has not been doing well in recent months and this could be a turnaround story.”

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