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Creative Medical Technology (CELZ) Stock: Here’s Why It’s Up

Creative Medical Technology (CELZ) Stock: Here’s Why It’s Up

Creative Medical Technology Holdings Inc (NASDAQ: CELZ) is flying in the premarket hours on the first trading day of 2022. The stock is up over 50% and the trading volume is already ridiculous. So, the big question on everyone’s mind seems to be, “Why is the stock flying?”

There’s no way to be 100% sure due to the fact that there has been no company-specific news released. No press releases, SEC filings, interviews, or anything of the sort have hit the tape.

However, one thing that we have noticed quite a bit of is chatter on social media. On several social channels, traders are talking about what they view as an opportunity to dive in on an undervalued stock with a low float.

Find out more about CELZ stock here

This article originally appeared at CNA Finance.