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Shift Technologies Surges 42%

Shares of micro-cap company Shift Technologies, Inc. (SFT) are surging over 42% on Thursday morning.

SFT is currently trading at $1.01, up $0.3005 or 42.3538%, on the Nasdaq, on a heavy volume of 36 million shares, above average volume of 1.6 million shares. The stock has traded between $0.6030 and $9.7500 in the past 52-week period.

Shift Technologies, Inc., together with its subsidiaries, provides an ecommerce platform for buying and selling used cars. The company operates in two segments, Retail and Wholesale.

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