Support.com Inc (NASDAQ: SPRT) is trading higher Monday on abnormally high volume amid continued volatility.
The total average session volume is about 12.5 million. The trading volume for Monday’s premarket session was already nearing 7 million at publication time.
The stock was recently mentioned as a potential short squeeze candidate by traders across social media platforms.
Support.com is engaged in the provision of cloud-based software and services, which enables technology support for a connected world. The company offers turnkey, outsourced support services for service providers, retailers, internet of things solution providers and technology companies.
SPRT Price Action: Support.com has traded as high as $59.69 and as low as $1.62 over a 52-week period.
The stock soared more than 200% last week before giving back much of its gains at the end of the trading session Friday.
At last check Monday, the stock was up 32.40% at $34.85.
Photo by Csaba Nagy from Pixabay.
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