Phreesia (PHR) Stock Jumps 5.1%: Will It Continue to Soar?

Phreesia (PHR) shares soared 5.1% in the last trading session to close at $11.77. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 7.4% loss over the past four weeks.Phreesia scored a strong price increase, driven by investor’s optimism following a recent SEC filling of Pale Fire Capital SE, a major investor, which showed that it has purchased 1,602,505 shares of the company between Mar. 17 and 19, for roughly $18,304,680. Their t ...