iQSTEL (OTC:IQST) stock spike puts buyback math in question as trading volume tops shares
iQSTEL Inc. shares surged Thursday with volume well above the stock’s public float. The spike comes as traders weigh the company’s buyback plans against the pile of preferred stock still on the books. The stock last traded at $1.515, up 43.5 cents from where it closed earlier. Shares changed hands between $1.15 and $1.87. About 98.8 million shares traded on the session, putting market value at $10.3 million, market data showed.