Stock Market Alert: XMSR soared on Friday, trading up almost 13% to close the regular session at $11.94. Volume was extremely heavy, with over 25 million shares of the stock changing hands, compared to a normal daily average volume of 8.8 million shares traded. Why did the stock move higher on Friday? Was it simply bouncing after six months of basically going straight down? Did some sort of rumor leak? Was it simply daytraders jumping into the stock? We are not sure, but we are going to investigate as I know that XMSR is a widely followed stock. XMSR has a 52 week low of $9.63.
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