Corbus Pharmaceuticals Holdings Inc CRBP shares are trading higher by $0.40 (5 percent) at $7.50. There is no specific news to account for the $1.25 rally from Thursday's session.
On Friday, the issue added $0.85 on a staggering 3.5 million shares, compared to its 20-day average of only 729,000.
Momentum traders have taken note on the price surge on heavy volume and joined the rally in Monday's session. After a higher open, it retreated only $0.15 to $7.20 before continuing its move higher.
So far, the ensuing rally reached $7.80 and backed off from that high. That level comes in between its January 12 high ($8.10) and January 13 high ($7.90).
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