MasterBeef (NASDAQ:MB) shares surge 121% as high turnover pushes up stock with limited float

MasterBeef (NASDAQ:MB) shares surged 121% on high trading volume, reaching $8.29 after an earlier peak of $19.75. The trading volume of 26.1 million shares exceeded the total shares outstanding, indicating swift turnover within a limited stock supply. Despite the significant price increase, the company's fundamentals showed an 8.9% revenue decline and a net loss in FY2025, with no new company-specific news to justify the surge.