Shuttle Pharmaceuticals (NASDAQ:SHPH) surges; Dogecoin miner news sends volume up 70x
Shuttle Pharmaceuticals Holdings Inc surged Friday as United Dogecoin, its unit, said it picked up its first Dogecoin miners and locked in a hydroelectric data centre site. The former drug developer saw sharp trading and became one of the busiest micro-cap names of the session. The stock jumped 27.38% to $4.815 as of 11:02 a.m. EDT, trading between $4.56 and $6.15. Volume was 21.7 million shares, far above the 65-day average of 311,064, Wall Street Journal data showed. The Health Care/Life Sciences group added 1.09%. The Russell 2000 slipped 0.10%.