ShiftPixy surges in another volatile swing, catches social media eye

ShiftPixy

08/09/2022 13:48

** Shares of staffing software maker ShiftPixy Inc  PIXY.O 
jump 89.9% to $21.29 premarket 
    ** PIXY is no. 2 trending stock on retail investor focused
forum Stocktwits.com
    ** Co on Wednesday announced plans to transfer ShiftPixy
Labs to a wholly-owned subsidiary, which will then be dividended
to ShiftPixy shareholders; shares fell 4%  urn:newsml:reuters.com:*:nBw1FD0swa
    ** This followed PIXY's statement on Tuesday, when co said
it has begun process to dual list its shares on Upstream, a
trading app for digital securities and NFTs; shares tumbled 14%
 urn:newsml:reuters.com:*:nBw5Rf02ka
    ** Last week, it announced a one-for-hundred reverse-split
stock; shares ended the week 30.2% lower after volatile swings
in both directions  urn:newsml:reuters.com:*:nL4N3092J0
    ** Up to last close, PIXY had fallen 90.4% so far this year

 (Reporting by Bansari Mayur Kamdar in Bengaluru)
 ((BansariMayur.Kamdar@thomsonreuters.com;))