Nukkleus (NASDAQ:NUKK) stock is rocketing higher on Tuesday alongside heavy trading of the financial technology company’s shares.
This has more than 14.8 million shares of NUKK stock changing hands as of this writing. That’s already well above its daily average trading volume of about 508,000 shares.
It’s also worth noting that NUKK stock is building on a Monday rally. That saw its shares close out normal trading hours yesterday up 43.3%. That came alongside about 6.4 million shares changing hands.
Investors will also keep in mind that NUKK is a penny stock. Its low trading price makes it easy for certain traders to buy up large shares and manipulate its price. That could be behind the recent heavy trading and rallies of Nukkleus shares.
Recent NUKK Stock News
While there’s no new news from Nukkleus this week, it did announce management changes on Friday. That saw Chief Financial Officer Tony Porcheron depart the company.
Replacing Porcheron as interim CFO is Emil Assentato. He will remain in this position while the company seeks out a permanent replacement for its previous CFO.
NUKK stock is up 59.1% as of Tuesday morning. The stock was down 60.2% year-to-date when markets closed yesterday.
There are even more stock market stories that traders are going to want to know about today!
Fortunately, we have all of them ready to go with our dive into Tuesday’s stock market news! That includes a look at the biggest pre-market stock movers this morning, the latest news concerning Solidion Technology (NASDAQ:STI) stock and more. All of that info is ready to go at the links below!
More Tuesday Stock Market News
- Today’s Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Tuesday
- Why Is Solidion Technology (STI) Stock Up 125% Today?
- Stock Market Crash Alert: Mark Your Calendars for March 12
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Read More: Penny Stocks — How to Profit Without Getting Scammed
On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.
