PolarityTE Inc (NASDAQ:PTE) shares are surging Tuesday as traders circle bullish commentary from a popular trader in the "FinTwit" community.
"FinTwit" is an abbreviated term for "Financial Twitter," which consists of the community of traders and investors who use the Twitter Inc (NYSE:TWTR) platform to share ideas and discuss all things finance related.
Twitter user @MrZackMorris mentioned Polarity after the market closed on Monday, suggesting the stock could reach $1 per share. The stock has seen increased volatility on abnormally-high volume since the tweet.
Polarity's average session volume over a 100-day period is about 1.5 million, according to data from Benzinga Pro. Tuesday's trading volume has already exceeded 211 million at publication time.
Polarity is a commercial-stage biotechnology and regenerative biomaterials company.
See Also: Why Actinium Pharmaceuticals Stock Is Surging
PTE 52-Week Range: $0.18 - $1.38
The stock was up 85.5% at 39 cents at time of publication.
