DatChat hits record, up for eighth straight session

Myseum AI

29/09/2021 19:59

** Shares in recently listed communications software co DatChat
Inc  DATS.O  last up 3.8%, on track for eighth straight session
of gains, with trading volume at record level
    ** DATS last trading at $15.16 after rising as high as
$18.50 to a record high earlier in the session. The stock made
its debut on Nasdaq on Aug. 13, closing at $3.42 that day
    ** Stock rallied ~27% on Tues, with no new announcements on
co website
    ** ~42 mln shares in DATS already changed hands vs 17.3 mln
shares outstanding and a free float of 12.3 mln shares,
according to Refinitiv data
    ** Turnover on Wed was more than $684 mln, while market cap
was ~$260 mln 

 (Reporting By Sinéad Carew)
 ((sinead.carew@thomsonreuters.com; +1 (646) 223 6186; Reuters
Messaging: sinead.carew.thomsonreuters.com@reuters.net))