On 58 Million Shares Avenue (ATXI) Stock Rockets 172%

A very surprising Tuesday session we are witnessing with bouncing Nasdaq: ATXI shares up to $10.27. There could be an unlucky reverse stock split but 58 million volume was actually able to push Avenue stock more than double.

The company’s IV Tramadol was an issue around FDA’s rejection due to a lack of data provided by the submitting board of Avenue’s scientists.

Yesterday there were clear signals for the upcoming huge volume. It was discussed by retail traders and YT channels. An infamous Satyajit Dasgupta has shown a little bounce in the stock when it was trading around $0.40. After the reverse split, ATXI didn’t stop surging. It could jump over the $10 mark for a few minutes but correction took over.

atxi stock