Koss Corporation (KOSS) shares skyrocketed in the pre-market session today as it jumped 137% to price at $5.7.What’s behind this stock’s surge? It’s not restless investors getting their money’s worth. Koss itself had no news, but stocks in the Technology sector benefit from more general news.
KOSS stock is trading at a distance of 6.36% from its 50 days Simple moving average, while its distance from its 20-days Simple moving average is -2.17%. During the previous trading session, its opening share price was $2.33; it went up to $2.73 and came down to $2.33 before closing at $2.40, as a total of 793,448shares were traded during the day.
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