Watch this stock CN Energy (CNEY) as it rockets up 🚀
CN Energy (NASDAQ:CNEY) stock is on the rise Wednesday as the manufacturer of wood-based activated carbon in China experiences heavy trading of its shares this morning.
That heavy trading has more than 11 million shares of CNEY stock changing hands as of this writing. That’s well above its daily average trading volume of about 227,000 shares. Also worth noting is CN Energy’s float of about 2.22 million shares.
Traders will keep in mind that this activity comes without any news from CN Energy. There are no new press releases or filings that explain why the stock is rallying today. The same holds true for analyst coverage of the shares.
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