SOS shares surge 10.33% intraday as Centre for Sustainable Ocean Science funds five marine research projects.

SOS surged 10.33% intraday following the announcement that the Centre for Sustainable Ocean Science SOS awarded €50,700 in Project Booster funding for five marine biodiversity research initiatives. The grants, aimed at fostering interdisciplinary collaboration and innovative research in marine science, signal institutional support for the organization’s mission and operational expansion. This development likely bolstered investor confidence in SOS’s role as a leader in sustainable ocean research, aligning with the stock’s upward movement. Other news events, including a Maine ballot petition and BBC TV show updates, were unrelated to the stock’s performance.