- Thinly traded nano cap PhotoMedex (PHMD +54%) jumps on almost a 50x surge in volume on no particular news. Shares were down ~80% since March.
- A few months ago, DS Healthcare (OTC:DSKX) announced that it would acquire PhotoMedex's consumer and professional products businesses for $48M but the deal fell apart.
- Previously: DS Healthcare and PhotoMedex transaction on the rocks (June 2)