Pure Cycle Falls 4% After Holiday Break
Pure Cycle Corporation is trading in the U.S. again on Tuesday after a holiday-shortened week that saw shares lose ground. The Nasdaq stock was last at $10.04 as of May 22, off 0.6% for the session and about 4.0% lower than its $10.46 finish on May 15. Volume on Friday reached 78,260 shares, well over the average of 41,500. Timing is key here. With Nasdaq shut for Memorial Day on Monday, May 25, regular trading picked up on Tuesday. That session gave traders the first unfiltered look after the three-day gap to see if last week’s drop was just noise from small-cap trades or a more significant shift in where investors see things going.