Next Technology Stock Soars 90% Wednesday: What's Driving The Action?

Next Technology Holding shares are powering higher. What’s driving NXTT stock higher?Next Technology Prices $157 Million Direct OfferingAccording to the company, the deal includes 71.38 million common shares priced at $1.10 each and pre-funded warrants to buy up to another 71.38 million shares at $1.099 apiece. Gross proceeds are expected to total about $157 million, with the transaction set to close on or about March 26, subject to customary closing conditions.The move appears to be drawing strong market a ...