Movano Inc. (MOVE) shares soared on heavy volume, jumping 128.71 percent, or $8.92, to trade at $15.89 on Friday, despite no specific news or corporate announcement to explain the sharp move.
The stock climbed from a previous close of $6.97 and opened significantly higher at $20.14 on the Nasdaq. During the session, shares traded between an intraday low of $15.01 and a high of $23.90. Movano was last quoted with a bid of $15.76 and an ask of $16.39.
Trading activity surged, with volume reaching about 39.81 million shares, far above the stock's average daily volume of 975,539.Movano's 52-week trading range stands at $4.67 to $55.00.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.