Why Is Nauticus Robotics (KITT) Stock Up 59% Today?

Group 1 - Nauticus Robotics (NASDAQ: KITT) stock is experiencing significant trading activity, with over 41 million shares traded in pre-market, compared to a daily average of about 14.1 million shares [1] - The stock saw a rally of 49% on Monday, with more than 212 million shares changing hands, despite the absence of clear news or analyst coverage [2][3] - As of Tuesday morning, KITT stock increased by 58.9%, although it was down 60.9% year-to-date as of the previous market close [3] Group 2 - KITT is classified as a penny stock, with a prior closing price of 23 cents and a market capitalization of only $14.416 million, making it susceptible to volatility [4]