XJT Stock
 

Just curious if anyone knew why it managed to surge 68.55% today. Quite the jump.

Maybe someone knows the UAL Contract will get extended? I don't know. I can't follow Wall Street. :p

I think that was already mentioned but a 68% jump is a little extraordinary.

I would say so. Pretty crazy.

I think Xjt stock has been held back in recent days because of the negative publicity surrounding the Rochester fiasco. They posted decent financials, and have been keeping their ship upright through this economic mess. Also, the company has been making financial moves to improve the stregth and value of the stock. As soon as blame was diverted away from Xjt, the stock price surged to reflect the recent good news. It just did it all in one day. It would have been a more steady climb, similar to Rjet stock, had it not been for the Rochester mess.

Here ya go...

ExpressJet Adds $10 Million to Securities Buyback - Topix

Is something going to be announced? With this jump and all the rumors going around you would think somthing is brewing at xjt...

Thank goodness...I should have bought stock in Mesa with how XJet's been performing LoL

Investors don't give a crap about these kinds of stories.

It's likely XJet stock is thinly traded. If that's the case, light volume can cause a distortion or exaggerate price swings.