Why Is Heart Test Laboratories (HSCS) Stock Up 43% Today?
$Heart Test Laboratories(HSCS.US$ Heart Test Laboratories stock is rising higher on Wednesday without any clear news from the maker of cardiovascular diagnostic devices.
There have been no new press releases or filings with the Securities and Exchange Commission that explain why HSCS stock is rising higher today. On that same note, no analysts are offering new coverage of the stock that would cause today’s rally.
Even so, shares of HSCS stock are soaring alongside massive trading today. As of this writing, over 21 million shares of the company’s stock have been traded. That’s a massive leap over its daily average trading volume of about 1.9 million shares.
What That Means for HSCS Stock
Being a penny stock opens Heart Test Laboratories’ shares up to certain vulnerabilities. That includes manipulation from certain traders that might seek to pump and dump the shares.
Being a penny stock opens Heart Test Laboratories’ shares up to certain vulnerabilities. That includes manipulation from certain traders that might seek to pump and dump the shares.
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