What's Going On With SCWorx (WORX) Stock Thursday?
Portfolio Pulse from Erica Kollmann
SCWorx Corporation (WORX) shares surged over 200% on Thursday with extremely heavy trading volume, leading to a temporary trading halt. The company is awaiting an appeal hearing with the Nasdaq Hearings Panel after receiving a delisting notice on June 6, 2023.
June 15, 2023 | 5:01 pm
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SCWorx shares skyrocketed over 200% on heavy trading volume, but the company faces uncertainty as it awaits a Nasdaq appeal hearing.
SCWorx shares experienced a significant increase in price and trading volume, which led to a temporary trading halt. However, the company is facing uncertainty as it awaits an appeal hearing with the Nasdaq Hearings Panel after receiving a delisting notice. This uncertainty could impact the stock's short-term performance, making it difficult to predict the direction of the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100