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Support.com stock surged over 100% premarket. What's going on with SPRT today?

Benzinga Real-time News ·  Aug 27, 2021 05:33

$Support.com Inc(SPRT.US)$ is surging higher in Thursday's after-hours session on abnormally high volume. 

The average session volume is about 8.5 million. The trading volume for Thursday's session exceeded 100 million. 

Support.com is trending across social media platforms as traders discuss the stock's potential as a short squeeze candidate. It was the top trending stock on Stocktwits at publication time. 

Support.com is engaged in the provision of cloud-based software and services, which enables technology support for a connected world. The company offers turnkey, outsourced support services for service providers, retailers, internet of things solution providers and technology companies. 

SPRT Price Action: Support.com has traded as low as $1.62 over a 52-week period. The stock surged to new 52-week highs in trading today.

The stock closed the session up 41% at $19.70 and was up another 155% in Friday premarket trading.

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