Low float stocks can be some of the most volatile stocks in the market. If you mix in a short squeeze, the potential short-term gains in a low float stock can be extreme.
Gainers
Stamps.com Inc. (NASDAQ: STMP) jumped 63.7% to $323.63. Software investment firm Thoma Bravo inked an agreement to acquire e-commerce shipping solutions provider Stamps.com in an all-cash transaction valued at $6.6 billion.
Gainers
Toughbuilt Industries Inc (NASDAQ: TBLT) shares rose 61% to $1.16 in pre-market trading after the company reported 1H sales through Amazon of $5.48 million, up 118% year over year.
Recon Technology, Ltd (NASDAQ:RCON) ("Recon" or the "Company") today announced that its subsidiary Future Gas Station (Beijing) Technology Company Limited ("FGS") and An Hui Gao Deng Wei
Gainers
RAPT Therapeutics, Inc. (NASDAQ: RAPT) shares jumped 115.5% to settle at $40.02 on Monday as the company announced topline results from its Phase 1b trial of RPT193 as monotherapy for moderate-to-severe atopic dermatitis (AD).