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Why Is Crown ElectroKinetics (CRKN) Stock Up 192% Today?
CRKNCrown(CRKN) investorplace.com·2024-05-16 15:48

Group 1 - Crown ElectroKinetics (NASDAQ:CRKN) stock is experiencing a rise despite no significant news, attributed to a late filing of its earnings report with the SEC [1][2] - The trading volume for CRKN has exceeded 685,000 shares, while the average daily trading volume is approximately 18.9 million shares [2] - The company's float is currently at 51.31 million shares, with a short interest of 3.44%, indicating relatively low short selling activity [3] Group 2 - As of Thursday morning, CRKN stock has increased by 192.2%, although it remains down 6.8% year-to-date [4] - The stock is categorized as a penny stock, with a prior closing price of 5 cents and a market capitalization of $6.613 million, making it susceptible to pump and dump schemes [3]