Crown Electrokinetics Corp. (NASDAQ:CRKN) shares are trading higher Friday as the stock receives attention from traders on social media. Here's a look at what's going on.
The Details:
Retail traders appear to be moving to smaller-cap stocks, including Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) and Crown Electrokinetics, as the rally in GameStop and AMC Entertainment shares fizzles.
Crown Electrokinetics shares are up nearly 900% since Wednesday when the retail-driven rally reached the stock.
Crown Electrokinetics shares are one of Friday's top trending tickers on Yahoo Finance and are moving on heavy trading volume. According to data from Benzinga Pro, more than 867 million shares have already been traded in the session, compared to the stock’s 100-day average of 69.088 million shares.
Crown ElectroKinetics produces and provides its ...