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Economy And The Numbers

Presidio Property Trust Stock Skyrockets Over 200%

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Presidio Property Trust, Inc. (SQFT) surged 219.96 percent to $16.35 on Monday despite no new company-specific news. The stock soared from a previous close of $5.11, reaching an intraday high of $23.00 before pulling back.

Shares opened at $10.80 and saw an extraordinary increase in trading activity, with volume exceeding 39.5 million compared to the daily average of just over 6,000 shares on the Nasdaq. Presidio is now trading near the upper end of its 52-week range of $4.19 to $23.00.

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