Dogwood Therapeutics, Inc. (DWTX) surged 51.05 percent to $6.45 during Monday's trading with no clear news driving the move. The biotech stock saw heavy trading activity as investors piled in, pushing shares as high as $7.73 during the session.
The stock opened at $5.27 and is trading well above its previous close of $4.27 on the Nasdaq. Volume spiked to 16.3 million shares, significantly above its average of 3.6 million.
Dogwood shares remain volatile, with a 52-week range between $1.62 and $29.28.
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