Cynk Resumes Trading, Now a $2 Stock
July 25, 2014 at 12:24 PM EDT
Shares of Cynk Technology have resumed trading today, but it’s still priced well above $2. This for a company that has, in the words of BusinessWeek’s Zeke Faux and Dune Lawrence, “no assets, no revenue, and one employee.” The headlines tout Cynk’s 80%+ drop today, with the move being called a “plummet,” “plunge,” or, in [...]
