Aethlon Medical(AEMD) Investor Place·2024-06-06 12:12Group 1 - Aethlon Medical (NASDAQ:AEMD) stock is experiencing significant trading activity, with over 26 million shares exchanged, a substantial increase from its average daily volume of approximately 974,000 shares [1] - The company's float is around 2.56 million shares, indicating a limited supply available for trading [1] - AEMD is classified as a penny stock, with a prior closing price of 44 cents per share and a market capitalization of about $2.228 million [1] Group 2 - AEMD stock has surged by 82.4% as of Thursday morning, but it was down 79.8% year-to-date before this increase [2] - The lack of news or analyst coverage raises concerns about potential market manipulation, as penny stocks are often subject to "pump and dump" schemes [2] - Investors are advised to be cautious about investing in AEMD stock due to the volatility and the nature of penny stocks [2]