LiveOne Stock Jumps Again as Traders Chase the Cash Story Before Memorial Day
LiveOne Inc. shares rose again on Friday, putting the small-cap audio and entertainment company on track for a weekly gain of nearly 28% as investors continued to trade around its recent cash and restructuring updates. The Nasdaq-listed stock was last quoted at $6.753, up 4.54%, after touching $6.86. It closed at $5.28 last Friday and has traded in heavy bursts this week, including a 17.8% jump on Monday and a 2.2% gain on Thursday, according to market data.