Synergy CHC Stock Moves After Big Volume Jump Ahead of Nasdaq Deadline
Synergy CHC shares fell 9% to $0.253 in premarket trading Friday after a 10.6% jump Thursday on heavy volume of 116.2 million shares. The move follows an SEC-effective S-1 registration for Hudson Global Ventures to sell up to 101.7 million shares. Synergy faces a Nasdaq bid-price warning and reported a first-quarter net loss of $2.57 million on revenue of $5.49 million.