Stock Market Alert: WPTE had a strong day on Friday, trading up over 11% to close the trading day at $4.10. Volume was higher than usual, with over 210k shares of the stock changing hands, compared to a normal daily average volume of 61k shares traded. Investors were speculating as to why the stock moved higher on Friday; I haven’t seen any news or analyst comments about the stock today, and I have not heard any rumors as well. It may have been a small relief rally due to the Port Act finally being signed (normally, if a bad news event is forthcoming, the stock will actually rally once the bad news takes place.) WPTE has a market cap of just over $83 million dollars.
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