Palladyne AI (NASDAQ:STRCW) Shares Up 245.5% – Here’s What Happened

Palladyne AI Corp. (NASDAQ:STRCWGet Free Report) shares rose 245.5% on Friday . The company traded as high as $0.32 and last traded at $0.29. Approximately 1,655,670 shares traded hands during trading, an increase of 2,852% from the average daily volume of 56,080 shares. The stock had previously closed at $0.08.

Palladyne AI Price Performance

The company’s 50-day simple moving average is $0.04 and its 200-day simple moving average is $0.04.

About Palladyne AI

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Palladyne AI Corp., a software company, focuses on delivering software that enhances the utility and functionality of third-party stationary and mobile robotic systems in the United States. Its Artificial Intelligence (AI)/ Machine Learning (ML) software platform enables robots to observe, learn, reason, and act in structured and unstructured environments.

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