Polished.com stock surges more than 600%, and the company says it doesn’t know why

Polished.com stock surges more than 600%, and the company says it doesn’t know why

Polished.com
POL,
+617.92%

an online seller of home devices, stated it isn’t familiar with any concealed product modification or advancement in its company and operations that would represent the current boost in its stock cost and volume.

“In view of the uncommon market activity in the Company’s stock, the New York Stock Exchange got in touch with the Company in accordance with the NYSE’s normal practice,” the business stated.

Shares rose to $7.61 in the routine session Wednesday, up from Tuesday’s close of $1.06. Volume was 130.8 million shares, compared to a 65-day average of 2.1 million.

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