Market Performance
Alector, Inc. (NASDAQ:ALEC) surged 6.1% in today's trading, closing at $2.17.
The Healthcare stock traded 2,370,340.87302 shares, 2.1x its average daily volume of 1,151,511 shares.
big mover upNASDAQ:ALEC
Alector, Inc. (ALEC) Surges 6.1% on Heavy Volume
Alector, Inc. (NASDAQ:ALEC) surged 6.1% in today's trading, closing at $2.17.
At publication ·
What changed
Alector, Inc. (NASDAQ:ALEC) · big mover up
- Price at event
- $2.18
- Price change
- 6.1%
- Average volume to event volume
- 1.2M to 2.4M
- 52-week high
- $2.74
- 52-week low
- $1.37
At a glance
Key takeaways
- Alector, Inc. (ALEC) stock rose 6.1% to close at $2.17 with trading volume of 2.37 million shares, which is 2.1 times its average daily volume, indicating significantly elevated investor interest.
Company Overview
Alector, Inc. has a market capitalization of $265.2M. The stock has traded year-to-date.
Sharp single-day moves like this rally in Alector, Inc. are often driven by news catalysts — earnings surprises, analyst actions, sector developments, or broader market conditions. Investors should identify the specific driver before making trading decisions, as the sustainability of the move depends on whether the catalyst changes the fundamental outlook.
Today's trading volume of 2,370,340.87302 shares is 2.1x the average daily volume, indicating significantly elevated interest. Moves on heavy volume are generally considered more meaningful than those on light volume, as they reflect broader participation.
Alector, Inc. currently trades at $2.17, positioning the stock at the 59th percentile of its 52-week range ($1.37 — $2.74). This range context helps investors assess whether the stock is trading near support, resistance, or fair value relative to its recent history.
Related Tools: View ALEC Stock Page
Frequently Asked Questions
What is causing ALEC's price movement?
Price movements can be driven by earnings, analyst actions, or sector trends. Check the latest on our ALEC news page.
What is ALEC's 52-week range?
See full price history and interactive charts on our ALEC chart page.