MSP Recovery shares surge 22.32% premarket on high-volume buying and speculative momentum.

MSP Recovery surged 22.32% in premarket trading amid a sharp but unexplained rally linked to high-volume buying and speculative momentum. The stock’s sharp rise occurred without new fundamental news or technical catalysts, with trading volume reaching 33.95 million shares. Analysts attribute the move to potential short-covering, algorithmic trading, or retail-driven hype, as peer stocks showed mixed performance and no sector-wide trends. The lack of technical signals or earnings-related announcements suggests the surge was sentiment-driven, with risks of short-term retracement if no further catalysts emerge. The isolated nature of the rally highlights the stock’s volatility and susceptibility to speculative activity.