Gainers
BSQUARE Corporation (NASDAQ: BSQR) shares climbed 77.1% to close at $7.05 on Tuesday on abnormally-high volume. The company’s stock dropped around 10% on Friday.
Gainers
Orbsat Corp. (NASDAQ: OSAT) shares jumped 74% to $9.47.
BSQUARE Corporation (NASDAQ: BSQR) shares jumped 48.2% to $5.90 after dropping around 10% on Friday.
Insider buying can be an encouraging signal for potential investors, especially when markets are near all-time highs.
A couple of special purpose acquisition companies and some initial public offerings prompted notable insider buying this past week.
After having declined through the first half of the week, biotech stocks staged a recovery to close higher in the trading week ended May 28. Broader market sentiment and company-specific news flow dictated stock moves during the week.
Toward the end of trading Wednesday, the Dow traded up 0.06% to 34,333.12 while the NASDAQ rose 0.53% to 13,728.97. The S&P also rose, gaining 0.18% to 4,195.77.