6/21/2023 0 Comments Elevation by kingThat comes from its low share price of about $3 when markets closed yesterday and its market capitalization of around $73 million. One thing investors will keep in mind is Elevation’s penny stock status. To put that in perspective, the company’s daily average trading volume is about 874,000 shares. As of this writing, more than 28 million shares have been traded. Instead, investors in ELEV stock are seeing the shares experience incredibly heavy trading on Friday. Likewise, analysts haven’t given any new coverage to the stock. Securities and Exchange Commission ( SEC). That includes a lack of press releases from the company or any filings with the U.S. There’s no news that explains why shares of ELEV stock are taking off today. Elevation Oncology (NASDAQ: ELEV) stock is on the rise Friday despite a lack of news from the pharmaceutical company.
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