Stock Market Alert - MALL shareholders received an early Easter present on Thursday after their stock roared almost 90% higher in heavy trading. The stock, which opened the day at $7.79, slowly traded higher throughout the session before exploding at the bell. Volume and price both spiked in the last hour of trading as the stock ended up closing at $14.07. Volume was almost 10x the normal daily average, as almost 4 million shares of the stock were traded compared to an average daily volume of 400k. The big question is - why did the stock trade higher on the session? Is there news coming soon? Was someone moving into the stock or covering a large short position? Can the stock maintain this momentum next week? We’re going to keep an eye on this one going forward.
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