Olema Pharmaceuticals, Inc. (OLMA) shares surged 142.25 percent to $20.64 in Tuesday trading, gaining $12.12 despite no new company-specific news driving the move.
The stock opened sharply higher at $26.45 compared with a previous close of $8.52 on the Nasdaq. Shares have traded between $18.11 and $27.17 so far today, with heavy volume of 67,871,753 far above the average of 1,194,014.
Over the past 52 weeks, Olema shares have traded between $2.86 and $27.17.
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