ShiftPixy, Inc. PIXY shares are roaring higher on Thursday continuing a recent streak of volatile trading sessions for the stock. Here's what to know:
What To Know:
Shares of PIXY are trading over 65% higher on Thursday posting a significant recovery from the stock's 51% loss in Wednesday's session. Thursday's session volume has already breached the 32 million mark versus the stock's 100-day average of 77.7 thousand shares traded.
According to Benzinga Pro, over 10% of available shares are currently sold short which may be contributing to the stock's recent price fluctuations. The stock has a float of 1.502 million.
ShiftPixy, Inc. provides payroll and human resource solutions for hospitality-centered businesses and workers in the gig economy.
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PIXY Price Action: At the time of publication, ShiftPixy shares are trading over 70% higher at $2.26 according to Benzinga Pro.
Image: Mohamed_hassan from Pixabay
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