SmartKem Shares Jump 100% on SRx Investment, SMTK in Focus
SmartKem Inc. shares jumped about 100% Monday after SRx Health Solutions disclosed a 4.99% equity stake in the advanced-materials firm. The move gave traders a new reason to buy into a stock that’s still facing Nasdaq listing concerns. The stock was last seen at $0.84 on the Nasdaq, up $0.4404 from yesterday. It has traded from $0.4537 up to $1.135 so far. Volume was over 268 million shares, well above normal. The company is small and trading has been volatile lately.
