T3 Defense Inc (NASDAQ:DFNS) shares are trading higher by over 85% on Wednesday as traders keep chasing a low-float squeeze setup after the company’s recent reverse split.
T3 Defense shares are climbing with conviction.
What's behind DFNS gains?
What Is Driving T3 Defense's Stock Surge?
The rally is being driven mainly by a recent float contraction after a 1-for-125 reverse stock split aimed at regaining Nasdaq listing compliance, shrinking the public share count from about 139.8 million to roughly 1.12 million shares.
