India, Sept. 18 -- IM Cannabis Corp. (IMCC) is up 246.55 percent, gaining $4.29 to $6.03 on Friday. The sharp move comes despite there being no new company-specific news identified as a catalyst for the stock's advance.
IM Cannabis is currently trading at $6.03, up from the previous close of $1.74 after opening at $3.25 on the nasdaq. The stock has traded between $2.97 and $8.65 during the session, with trading volume at 88.37 million shares versus average volume of 106,444.
The unusually high trading volume represents a substantial increase over the stock's typical activity, with more than 88 million shares changing hands compared with its average volume of about 106,444 shares.
IM Cannabis shares have traded between $1.55 and $77.10 ov...