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Benzinga
Benzinga
Business
Henry Khederian

SMX Is Exploding: Here's Why This Tech Stock Is Up Over 1,000% This Week

Stock,Market,Trading,Graph,And,Financial,Investment.,Digital,Financial,Chart

Shares of SMX (Security Matters) PLC (NASDAQ:SMX) are exploding Friday afternoon, trading near $55 as retail momentum fuels a historic rally. The stock is currently up over 1,150% in the past five days, becoming a top trending ticker across social media platforms. Here’s what investors need to know.

What To Know: The volatility intensified Friday morning after the company issued a flurry of press releases framing its technology as a critical solution for global trade security.

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