SatCon Technology Up 5% On Short Float And Rumor (SATC)
SatCon Technology (NASDAQ: SATC) recently spiked 5% on heavy volume, a 19% short float, and an unconfirmed rumor that it might have secured a contract.
At last check SatCon Technology was trading at $5.02. This article may include mentions of rumors, chatter, or unconfirmed information. Readers should beware that while unconfirmed information may be correlated with increased volatility in securities, price movements based on unofficial information may change quickly based on increased speculation, clarification, or release of official news.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.