Huida's stock price rebounded 4.5% before the market opened. Bank of America evaluated 3 different investment results.

Huida's share price rose before the market opened on Wednesday (11th), and investors continued to pay attention to whether there were any spillover effects.

Huida's stock price rose before the market opened on Wednesday (11th) after falling for two consecutive days due to CEO Huang Jenxun's scandal that shook the world's most valuable technology company.

The company's shares closed down 5.47% on Tuesday as more details were revealed about Huang's extramarital affair with an alleged Chinese spy. The company's shares fell 4.3% on Monday.

As of 5 p.m. Taiwan time on Wednesday, the stock price rose 4.5% in pre-market trading.

On Tuesday, Huida announced that it had hired law firm Wachtell, Lipton, Rosen & Katz to investigate whether company secrets or national security had been compromised.

People familiar with the matter told CNBC that Huang tried to create the illusion of "business as usual" when he returned to the office on Monday. Huang was also in the office on Tuesday, hosting a meeting to prepare for the company's quarterly earnings report on November 17.

Investors are assessing whether the matter will have harmful spillover effects on the company's business.

Bank of America said in a note on Tuesday that it sees three different investment outcomes. In the first case, leadership remains stable and the impact is manageable; in the second case, continued uncertainty puts pressure on market caps even before profits are made. In the last scenario, the impact is exacerbated, with unfavorable findings, leadership turmoil or tighter restrictions requiring a reassessment of earnings, Bank of America research analyst Vivek Arya said in a note.