Shares of low-float Edible Garden are trading higher on abnormally-high volume. Not seeing any company-specific news to justify the price action.
Portfolio Pulse from Benzinga Newsdesk
Shares of Edible Garden (EDBL) are trading higher on abnormally-high volume, despite no company-specific news to justify the price action.
September 01, 2023 | 4:00 pm
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POSITIVE IMPACT
Edible Garden's stock is trading higher on high volume, without any company-specific news to justify the price action.
The surge in EDBL's stock price on high volume, despite no company-specific news, suggests that there may be speculative trading or other market factors at play. This could potentially lead to increased volatility in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100