Virax Biolabs Shares Jumping Again Ahead of Nasdaq Open
Virax Biolabs Group shares were higher again in early U.S. premarket trading Tuesday after a big move Monday. The thinly traded diagnostics micro-cap saw a spike in turnover as investors kept looking for a new catalyst. The Nasdaq stock traded at $0.2751 at 5:00 a.m. EDT, 17.1% higher than where it finished Monday. Shares closed last session at $0.2350, up 53.1%, with about 765.2 million shares crossed. The 52-week range is $0.10 to $1.19, so it’s still priced in penny-stock territory.