Rubico Jumps 43% on 154 Million RUBI Shares Traded After Trillium Discloses 5.4% Stake
Rubico Inc. surged on Thursday, with RUBI on Nasdaq last quoted at $0.6732, up $0.2032, or roughly 43% from the day before. The stock started at $0.50 and swung between $0.46 and a session peak of $1.07. By 14:49 ET, trading volume hit 154.16 million shares. Rubico drew attention after showing an outsized surge for a small-cap. Robinhood put its market cap at around $2.19 million, with about 153.54 million shares changing hands compared with an average of 6.31 million. Google Finance showed the market cap closer to $2.20 million and listed 3.26 million shares outstanding.