IM Cannabis Stock Surges as Traders Weigh Nasdaq Listing and Dilution Risks

IM Cannabis Corp. shares are trading heavy again. IMCC closed at $0.2610 on June 15, up 12.31% on Nasdaq, and was last seen at $0.3491 in the premarket at 6:43 a.m. ET on June 16, according to StockAnalysis market data. The stock is moving without any fresh company updates. The company’s investor-relations site and SEC filings show the last events were a June 9 Form F-3 resale registration and a related 6-K and the June 3 financing filing. Nothing new has hit in the past day or so.

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