Why Is Volcon (VLCN) Stock Up 85% Today?

Volcon (NASDAQ:VLCN) stock is up on Thursday after investor UBS Group AG (NYSE:UBS) traded the electric vehicle (EV) company's shares recently. A filing with the Securities and Exchange Commission (SEC) reveals that UBS bought and sold hundreds of shares of VLCN stock. These trades started on July 5 and lasted throughout July 8. The buys say UBS purchased 108 shares of VLCN stock for $488.82. The prices spent on these shares ranged from$4.3885 and $4.53. The sales included 1,265 shares and came in at$5,47 ...