Julong Stock Doubles as 50 Million Shares Trade, Warning Still on the Tape
Julong Holding Limited shares jumped more than 100% on Thursday, with no new announcement out from the company. The Beijing-based infrastructure systems group was last at $6.25, up 104.3%, at 2:01 p.m. EDT. Volume hit 50.02 million shares, far above its 65-day average—trading was about 19,173% of normal, according to MarketWatch.