Why Is Nuburu (BURU) Stock Up 100% Today?

Core Insights - Nuburu (NYSEMKT:BURU) stock is experiencing significant trading activity, with over 132 million shares traded, a stark contrast to its average daily volume of approximately 1.4 million shares [1] - The company has a low float of about 12.67 million shares, indicating potential for stock price manipulation as investors may be trying to capitalize on this low availability [2] - BURU stock has surged by 99.9% as of Friday morning and has increased by 70.6% since the beginning of the year [3] Company Developments - Nuburu plans to conduct a public offering of 16,710,785 shares of its common stock, along with warrants for an additional 16,710,785 shares, although the pricing for this offering has not yet been determined [3]