Swarmer Soars 31%, Holiday Week Brings New Test for Drone Names
Swarmer Inc. shares jumped again Friday, ending the session higher as traders kept bidding up the thinly traded drone-autonomy name going into the U.S. holiday break. The stock ended Friday’s session at $38.86 on Nasdaq, gaining 9.31%. That puts the price 31.1% over where it closed the previous Friday at $29.64. About 1.10 million shares changed hands on Friday, well above the average volume of about 652,890 reported by Google Finance.