Connexa Sports Technologies Inc. CNXA shares are blasting higher Tuesday despite a lack of company-specific news. Here's a look at what's going on.
What To Know:
Shares of CNXA are moving higher on extremely heavy volume representing more than 100 times the stock's average daily trading volume. According to data from Benzinga Pro, more than 304 million shares have been traded in the session, compared to the stock's 100-day average of 2.6 million shares.
Connexa Sports stock is currently trading at its high of the day at 26 cents, more than double the stock's 50-day moving average of 12 cents.
The stock has attracted the attention of retail investors and is one of the top trending tickers on Yahoo! Finance and Stocktwits.
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CNXA Price Action: According to Benzinga Pro, Connexa Sports Technologies shares are up 200% at 23 cents at the time of publication.
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