Info comes via Bloomberg (gated), in brief:
- Healthcare Triangle the most actively-traded name on US exchanges on Thursday
- little-known healthcare information technology company
- stock price more than double to just above five cents
- over 3 billion shares changing hands, about 15% of the total shares traded on US exchanges for the day
- The total value of shares traded for the day stood at approximately $150 million, nearly seven times the company’s market capitalization
I am seeing solid supportive factors for US equities, then when I see something like this I have my doubts ….
This article was written by Eamonn Sheridan at investinglive.com.
