Xenetic Biosciences Stock Surges 123%

Xenetic Biosciences, Inc. (XBIO) shares skyrocketed 123.41 percent, gaining $5.29 to $9.58, with no apparent news driving the move. The stock is currently trading at $9.56, compared with a previous close of $4.29 on the Nasdaq. Shares opened at $11.72 and have traded between $9.75 and $13.93 so far today, with volume surging to 42.3 million shares majorly above the average of about 30,000.Over the past 52 weeks, Xenetic Biosciences shares have ranged between $2.20 and $13.93, with today's spike propelling ...