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Exicure (NASDAQ:XCUR) shares are rising on Friday despite a lack of news from the young biotech company.
Exicure has not issued any recent press releases or filed filings that would lead to today’s stock rally. With that in mind, no analyst is offering new coverage that could serve as a catalyst for today’s earnings.
However, shares of XCUR stock are trending higher in heavy trading today. As of this writing, more than 8 million shares have been traded. To put that number in perspective, the company’s average daily trading volume is closer to 62,000 shares.
One thing investors will remember is that Exicure received a delisting notice in late November. This is due to a late 10-Q filing. The company says it is working to resolve this matter quickly by filing the delayed report.
What you should know about XCUR stock
Aside from this delisting notice, investors should also keep in mind that XCUR is a penny stock. This means it is exposed to greater volatility from retail traders. That could be the case this morning, considering stocks are seeing big moves without any news.
XCUR stock is up 56.7% since Friday morning.
Investors looking for more current stock market stories have come to the right place!
On Friday we have all the latest stock market news traders need to know! Below that is what has shares MBIA (NYSE:MBI) Stock restocking, this morning’s biggest premarket stock moves and more. All of this is available at the links below!
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At the time of publication: William White did not have, directly or indirectly, any positions in the securities mentioned in this article. The opinions expressed in this article are those of the author, subject to those of InvestorPlace.com Publishing Guidelines.
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