LogicMark Stock Soars 20% on Short Squeeze Fears

Generated by AI AgentAinvest Movers Radar
Tuesday, Apr 1, 2025 4:32 am ET1min read
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LogicMark's stock price surged by 20% in pre-market trading on April 1, 2025, indicating a significant bullish sentiment among investors.

LogicMark's short interest ratio stands at 12.47%, with 738,500 shares shorted, representing a notable portion of the float. This high short interest suggests that a significant number of investors are betting against the stock, which could potentially lead to a short squeeze if the stock price continues to rise.

On March 28, 2025, LogicMark's stock price experienced a sharp decline of 50.20%, dropping from $0.0510 to $0.0254. This dramatic decrease could be attributed to various factors, including market volatility, negative news, or changes in the company's fundamentals. However, the recent pre-market surge indicates that investors may be seeing value in the stock at its current levels.

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