SeaStar Medical shares are trading higher on abnormally-high volume. The company released its earnings report earlier this week and the stock moved bearishly.
Portfolio Pulse from Benzinga Newsdesk
SeaStar Medical's stock is trading higher on abnormally-high volume following the release of its earnings report earlier this week, which initially caused a bearish movement.
May 18, 2023 | 12:59 pm
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SeaStar Medical's stock is experiencing higher trading volume after the release of its earnings report, which initially led to a bearish movement.
The abnormally-high trading volume indicates increased interest in SeaStar Medical's stock, which could lead to a short-term price increase. The initial bearish movement after the earnings report release may have been an overreaction, and the current higher trading volume suggests a potential reversal.
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