Xenetic Biosciences Stock Surges 123%

Core Insights - Xenetic Biosciences, Inc. (XBIO) shares experienced a significant increase of 123.41 percent, rising by $5.29 to reach $9.58, despite the absence of any apparent news driving this movement [1] - The stock is currently trading at $9.56, compared to a previous close of $4.29 on the Nasdaq, indicating a substantial price shift [1] - The shares opened at $11.72 and have fluctuated between $9.75 and $13.93 during the trading day, with trading volume surging to 42.3 million shares, significantly above the average of approximately 30,000 shares [1] Historical Performance - Over the past 52 weeks, Xenetic Biosciences shares have fluctuated between $2.20 and $13.93, with the recent spike pushing the stock to the upper end of its yearly range [2]