Orbsat shares go into orbit with record volume

Nextplat

06/07/2021 16:10

** Shares in Orbsat Corp  OSAT.O , which sells satellite 
hardware and airtime, up 55.9% at $8.48 after rising as high as
$9.83 with trading volume at record levels as the stock trended
on social media platforms such as Stocktwits and Twitter 
    ** OSAT, formerly known as Orbital Tracking Corp, has 1.24
million shares outstanding. Trading volume so far on Tuesday ~44
mln shares vs 10-DMA of ~336k, according to Refinitiv 
    ** OSAT closed trading on Friday with a market cap of $6.7
mln

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