The slowly surging Eyenovia (NASDAQ: EYEN) becomes soaring after announcing a business expansion in China to develop MicroPine and MicroLine projects in collaboration with Arctic Vision.
Right now EYEN is climbing more than 130% by reaching $8.31 in the premarket. That’s how penny stock turns to expensive by making several shareholders rich in market value.
This is only their intention to work on a particular project. If they really start building EYEN will surge higher. However, due to external factors, this idea may not become real. Therefore, only short term traders are encouraged to gamble with EYEN while it keeps growing with significant changes.