Cybersecurity
Another Tiny Stock Goes Wild After Jumping on the Crypto Bandwagon
- Digital Power now higher by 750 percent in three weeks
- Company plans to mine top 10 digital currencies amid mania
Dennis Gartman Sees Sign of a Top for Bitcoin
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The magical kiss of bitcoin has turned another frog into a prince.
Shares of Digital Power Corp., a manufacturer of electrical supplies for the defense and medical industries, surged after the company detailed plans to join the rush to unlock digital currencies. The stock rose 32 percent as of 10:12 a.m. in New York, pushing its gain since Nov. 22 to more than 750 percent as it sheds its status as a penny stock -- at least for now.