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UK tech stock Microsaic Systems sees surprising 11.7% jump despite negative financials.
UK-based Microsaic Systems, which develops miniaturized mass spectrometry instruments, saw its stock rise 11.7% on Monday, trading at GBX 0.89 before closing at GBX 0.85.
Trading volume surged 548% above average.
Despite a market cap of £1.52 million and negative financial metrics, the company provides real-time monitoring solutions for sectors like water, pharmaceuticals, and food and beverage.
3 months ago
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