Global Interactive Technologies Inc. (NASDAQ: GITS) shocked the market on July 3rd by soaring over 135% in a single trading day, attracting the attention of retail investors and momentum traders alike. But what exactly is behind this massive rally? Let’s break down everything driving this unexpected surge.
What caused GITS stock to spike 135% today?
The main trigger behind today’s explosive rally was a company-issued clarification that addressed prior market volatility. In a press release, Global Interactive Technologies confirmed it had no material news or insider information related to the sharp stock movements observed in May 2025.
While that might seem like a non-event, the market reacted positively—interpreting the move as an effort by the company to become more transparent and stable. In a world where penny stocks are often clouded by silence and speculation, this level of communication reassured investors and lit a fire under bullish sentiment.
How much trading volume did GITS stock see today?
One of the biggest indicators of today’s surge was the unusually high trading volume. GITS saw more than 45 million shares change hands—more than 45x its 3-month average volume of under 1 million shares.
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Jul 3, 2025
