Why Is Onconetix (ONCO) Stock Up 37% Today?

Onconetix (NASDAQ:ONCO) stock is taking off on Thursday alongside heavy pre-market trading of the biotechnology company's shares. This has more than 38 million shares of ONCO stock changing hands as of this writing. That's well above its daily average trading volume of about 5.5 million shares. Investors will also note the company's float is 21.71 million units. This comes without any clear news from the company this morning. There are no Onconetix press releases or filings that explain today's movement. Li ...