Texxon Trading Halted Six Times as NPT Jumps 284% in New York
Texxon Holding Limited shares jumped almost fourfold on Monday to end at $4.95. The stock, trading on Nasdaq, spiked above $12 at one point. Volume hit about 141 million shares, well over six times its total outstanding. NPT ended Friday at $1.29 and stayed just under its IPO price by Monday's close. Texxon debuted on the Nasdaq in October with the ticker NPT, selling shares in its IPO at $5 each.
