The most active stock over the past few days has been Bright Minds Biosciences (NASDAQ:DRUG), which exploded more than 3,400% to start the week.
Bright Minds went from penny stock territory, trading at $1.11 per share when markets opened on Monday, to a ridiculous $38.49 per share when the market closed on Tuesday — a 3,367% increase.
On Wednesday, the stock came back to earth a bit, dropping around 17% back to around $32 per share as of about 2:00 p.m. ET. It continued to drop even further on Thursday.
What caused this wild ride — and what should investors know about Bright Minds stock?
This post appeared at Dynamic Wealth Report.