Rocket Fuel Inc FUEL shares are trading higher by $0.59 (25 percent) at $2.70 in Tuesday's session. There is no specific news to account for today's rally.
After a slightly higher open, it retreated $0.04 to $2.15 before resuming its move higher. So far, it has reached $2.77 and is not far off that level. That marks the highest level for the issue since it spiked to $3.15 on May 11, but gave back all of its gains by day's end.
Today's price action is taking place on much higher than average volume. So far, 2.7 million shares have traded compared to its 20-day average of 545,000.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.