What's Going On With SCWorx (WORX) Shares Friday?
Portfolio Pulse from Erica Kollmann
SCWorx Corporation (NASDAQ:WORX) shares are trading over 70% higher on Friday due to continued volatility and heavy trading volume. The company is awaiting a requested appeal hearing with the Nasdaq Hearings Panel to present a plan to regain regulatory compliance.
June 23, 2023 | 7:51 pm
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SCWorx shares are trading over 70% higher on Friday due to continued volatility and heavy trading volume. The company is awaiting a requested appeal hearing with the Nasdaq Hearings Panel.
The surge in SCWorx shares is due to the heavy trading volume and the pending appeal hearing with the Nasdaq Hearings Panel. The company's plan to regain regulatory compliance could potentially have a positive impact on the stock price.
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IMPORTANCE 80
RELEVANCE 100