Nexera Technologies (NASDAQ:NEXR) jumps after Logia deal offsets resale overhang
Nexera Technologies Ltd jumped 54% to $0.8663 early Thursday afternoon after announcing that majority-owned Fort Technology Inc started a data-center backup-power deal process with Logia USA. Volume exploded, with over 244 million shares traded. NEXR hit an intraday high of $1.10, up nearly 96% from the previous close. The gain came as the broader market slipped. Reuters market data had the Nasdaq Composite off 0.67% in the session.