EXAS had a strong day on Friday, trading up over 26% on moderately heavy volume (587k vs 350k normal daily volume.) The question I am asking is, why? I did some research into this company and I like what I see. Why the move on Friday? Traders / investors entering the stock? News release coming? If anybody has any theories, please feel free to leave a comment (they are moderated, but it just takes me an hour to okay it.) EXAS has a 52 week high of $4.97 and closed the Friday session at $3.11. Regardless of the reasons as to why the stock moved on Friday, I would like you to keep this stock on your watchlists for Monday’s trading session, as EXAS looks very strong right now.
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