Dara Biosciences (DARA) Stock Explodes Today (Update) - TheStreet

NEW YORK (TheStreet) -- Dara Biosciences  (DARA) soared Wednesday despite a lack of any significant news about the company.

The stock closed up 98.18%, or $1.08, to $2.18. More than 15 million shares changed hands, compared to the average volume of 259,139. Shares took off just before noon Wednesday and hit a high of $2.38 for the day. Dara has a 52-week range of $1.02 to $4.40 and hit a low of $1.10 for the day.

Prana Biotechnology  (PRAN) had a similar situation on Tuesday, when the stock suddenly spiked just before 2 p.m.

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DARA Price data by YCharts

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