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Analyzing The Price Action In Professional Diversity Stock Today

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Professional Diversity’s Stock Price And Volume Action

Professional Diversity’s (NASDAQ: IPDN) stock has been rising Wednesday, up 207.29% to a price of $3.96. The stock’s current volume for the day is 56.62 million, which is approximately 8037.17% of its previous 30-day average volume of 704.53 thousand.

Why It’s Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Professional Diversity Networks shares are trading higher after the company announced a partnership with Phala Network to develop a privacy protecting blockchain application.

Insights On Recent Price Action

The stock’s 50-day moving average was $1.24 at the time this article was published. Over the past fifty-two weeks, the price has risen as high as $3.98 and fallen to a low of $0.76.

Benzinga Pro provides investors with timely and accurate explanations of why a stock is moving. Subscribe to receive real-time alerts explaining stock price movements. Click here to learn more.

 

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