ShiftPixy stock pulls back premarket after soaring Thursday

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ShiftPixy stock pulls back premarket after soaring Thursday
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Shares of ShiftPixy Inc. pulled back 6.5% in premarket trades Friday after ending Thursday’s session up 51.5% on trading volume of 46.67 million shares,...

Shares of ShiftPixy Inc.

pulled back 6.5% in premarket trades Friday after ending Thursday’s session up 51.5% on trading volume of 46.67 million shares, 5,874% above the stock’s 65-day average. It is not immediately apparent what has caused the dramatic movement in ShiftPixy’s stock. The gig-economy focused workforce management company harnesses AI in its staffing technology. ShiftPixy has a market cap of just under $13.4 million and reported a net loss of $5.

pulled back 6.5% in premarket trades Friday after ending Thursday’s session up 51.5% on trading volume of 46.67 million shares, 5,874% above the stock’s 65-day average. It is not immediately apparent what has caused the dramatic movement in ShiftPixy’s stock. The gig-economy focused workforce management company harnesses AI in its staffing technology. ShiftPixy has a market cap of just under $13.4 million and reported a net loss of $5.

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