Business
ASX investigates after Douugh (ASX:DOU) share price spikes 56%
The Douugh Ltd (ASX: DOU) share price is going gangbusters today. Douugh shares are up 14.58% at the time of writing to 27.5 cents a share. Douugh closed at just 24 cents a share last Friday, and actually opened even lower this morning at 23 cents. However, just after open, the Douugh share price went from a low of 22 cents all the way up to 37.5 cents before settling at its current level.
The current price represents the highest levels Douugh has been at since mid-November last year. That was just before the company’s shares were placed in a lengthy trading halt.
No major Douugh news
Normally, a 50% jump in a company’s share price is sparked by something substantial, such as a company announcement or a piece of significant…
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