Shares of Gyrodyne Co of America Inc GYRO soared today, after hitting a new 52-week high of $44.98 yesterday. Yesterday’s trading was also marked by higher than average trading volume in the stock.
The rally in GYRO’s stock is partly due to investor enthusiasm on the company’s growth prospects.
The St. James, New York-based company has surged 23.68% over the past month.
GYRO surged 61.70% to $76 at 10:22 am.
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