Why LanzaTech Stock Soared Over 40% This Week
As of Friday morning, LanzaTech Global (NASDAQ: LNZA) shares have spiked 44.7% this week, according to data provided by S&P Global Market Intelligence. That move came without any official announcements from the company this week.
That kind of stock action sometimes indicates a short squeeze occurred in LanzaTech stock. The small percentage of float shorted indicates that investors are not heavily wagering against the company at the moment, though. So, with a low probability of a short-term short squeeze, what's driving shares of the carbon management and recycling company?
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Source Fool.com
