Shares of Lightwave Logic Inc. (LWLG) are surging over 21% Friday morning, after the company announced that the Nasdaq Stock Market LLC has approved the listing of the company's common shares on the Nasdaq Capital Market.
The company expects to commence trading on the Nasdaq on Wednesday, September 1, 2021 under the symbol "LWLG". The company's common shares would continue to trade on the OTCQX until market close on August 31, 2021.
The stock, which has been trading in the range of $0.56 - $17.24 for the past one year, is currently trading at $9.39, up $1.64 or 21.16%, with trading volume of over 491K versus an average volume of 808K shares.
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