Makeup pencils and powder in many colours ©Stocksnap.ioJowell Global Ltd. (NASDAQ:JWEL) shares surged 58.3% in pre-market trading on Monday to reach $2.49, delivering a sharp move for the Shanghai-based e-commerce company. Jowell Global operates an online platform in China offering products including cosmetics, health supplements and household goods. Low float may be amplifying Jowell Global volatilityThe scale of the move may instead reflect the trading characteristics of Jowell Global shares. Overall, the 58.3% jump in Jowell Global shares appears more consistent with the dynamics of a thinly traded micro-cap stock than with a clearly identifiable change in the company's fundamentals. Jowell Global Ltd stock price