TRxADE HEALTH, Inc. MEDS shares are blasting higher on Friday despite a lack of company news. Trxade Health shares are up more than 40% for the session and more than 160% over the last 30 days.
What To Know:
MEDS shares are moving higher Friday on very heavy trading volume. According to data from Benzinga Pro, over 10 million shares have already been traded in the session, compared to the stock's 100-day average of just over 654 thousand shares.
Last Tuesday, the company announced that Superlatus, a food technology and distribution company it recently merged with, agreed to acquire The Urgent Company and its portfolio of brands.
Trxade Health has grabbed the attention of retail investors with MEDS being one of the top trending tickers on Stocktwits and Yahoo!Finance.
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MEDS Price Action: According to Benzinga Pro, Trxade Health shares are up over 43% at $10.97 at the time of publication.
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