TeraWulf Inc.
(NASDAQ:WULF) shares are trending Wednesday night.
Shares of the Maryland-based energy and digital infrastructure company rose 2.06% to $23.30 after the bell on Wednesday as Morgan Stanley (NYSE:MS) maintained an Overweight rating on the stock and raised its price target from $66.5 to $72.
Volume Spikes as Investors Pile In The after-hours surge follows an intraday gain of 12.80%, with WULF closing the regular session at $22.83, according to Benzinga Pro data.
Volume for the session rose to 42.87 million shares, compared with an average daily volume of 31.21 million shares, indicating elevated trading activity.
