The stock price of Creative Medical Technology Holdings Inc (NASDAQ: CELZ) increased by over 50% pre-market today. There are no company-specific reports or filings driving up the stock price today so it appears there are external factors at play.
Discussions about Creative Medical Technology having a low float — which is an opportunity for day traders to drive momentum — ramped up on social media platforms like Discord, Twitter, StockTwits, and Facebook over the past week. The investors on these platforms also pointed out that the company stock price surged around this same time last year as well.
Another reason why Creative Medical Technology saw an uptick today is due to a news report. Creative Medical Technology was featured on a list of low float penny stocks to buy for under $5 on PennyStocks.com a few days ago.
https://pulse2.com/creative-medical-technology-stock-nasdaq-celz-why-the-price-surged-today/
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.