Jowell tumbles as trading volume jumps

Jowell Global

03/01/2022 19:35

** U.S. shares in Jowell Global Ltd  JWEL.O  down 61.5% at $8.29
in volatile session as trading volume spikes on Monday  
    ** The China-based provider of cosmetics, nutritional
supplements and household products via its online platform which
made its Nasdaq debut in March 2021, had been gaining ground
sharply in recent weeks after closing as low as $6.05 on Nov. 8.
    ** JWEL hit a record high of $25.78 earlier in the day
before touching a session low of $8.07
    ** Monday's trading volume of more than 23 million so far
was the stock's highest on record. It has a free float of just
20.13 mln according to Refinitiv
    ** The stock was attracting attention on social media on
Monday and was the 6th highest trending security on
stocktwits.com https://stocktwits.com/rankings
     





 (Reporting By Sinéad Carew)
 ((sinead.carew@thomsonreuters.com;))