What's Going On With Adaptive Biotechnologies (ADPT) Stock?
Portfolio Pulse from Erica Kollmann
Adaptive Biotechnologies Corporation (NASDAQ:ADPT) shares are trading higher despite no company-specific news. The shares spiked just before the market close on Monday and continued to rise on Tuesday on heavy trading volume. More than 2.64 million shares have been traded in the session, compared to the stock's 100-day average of 1.179 million shares. 9.24% of available ADPT shares are being sold short, and the ticker is listed as one of the top trending on Yahoo! Finance.
September 26, 2023 | 3:39 pm
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POSITIVE IMPACT
Adaptive Biotechnologies Corporation's stock is trading higher on heavy volume despite no company-specific news. The stock is trending on Yahoo! Finance.
The increase in trading volume and the fact that the stock is trending on Yahoo! Finance indicates a high level of interest in the stock. This could potentially drive the price higher in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100