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Imara aiming for next Inflection Point

(24/7 MARKET NEWS) – Imara Inc. (NASDAQ: IMRA) is running hard, out of the gate, at $2.18, up $0.17 (+8.46%), on nearly 4 million shares.

This morning’s action follows yesterday’s monster move, when it closed at $2.01, an 84 cent gain (+71.79%), on 102,997,137 shares traded. The first time, since April, that it traded above $2 for the first time since April. It’s still at the lower end of its s 52-week range of $0.9739 to $4.62.

If it can continue to this high trading volume move, it may try to challenge the $2.50 range.

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