Why Is Syntec Optics (OPTX) Stock Up 186% Today?

This has more than 4.6 million shares of OPTX stock changing hands as of this writing. That's a major increase compared to its daily average trading volume of about 6,500 shares. It's also worth noting that the company's float is 6.06 million units. What we do want to keep in mind is that OPTX is a penny stock. This comes from its low daily average trading volume, prior closing price of $2.35 per share and its market capitalization of$86.218 million. Being a penny stock comes with certain issues. That incl ...