Why KULR Technology Stock Is Skyrocketing Today
KULR Technology (NYSEMKT: KULR) stock is posting another day of big gains in Monday trading. The company's share price was up 12% as of 3:45 p.m. EDT. KULR stock had been up as much as 15.7% earlier in the session.
After some initial volatility related to the announcement of its since-completed reverse stock split (which went into effect June 23), KULR stock has seen some recovery in rebound trading. The company's bet on Bitcoin (CRYPTO: BTC) has seemingly helped support the rally.
Image source: Getty Images.
Source Fool.com
