What’s driving the 35% surge in HUBC stock today?

TLDR:

• Hub Cyber Security (HUBC) stock is up 35% today with heavy trading.
• The surge in the stock follows an attack on Israel from Iran.

Hub Cyber Security (HUBC) stock experienced a 35% increase in value on Monday due to heavy trading following news of an attack on Israel from Iran. The Israel-based cyber security solutions company saw over 11 million shares changing hands, significantly more than its daily average. This surge in trading can be attributed to the volatility in stocks out of Israel after the attack. Investors should be cautious as HUBC is classified as a penny stock with a low market capitalization of $12.777 million shares and a prior closing price of $1.30 per share. This makes the stock susceptible to heavy trading and speculative actions. It remains unclear if the surge in HUBC stock is due to speculative traders or pump-and-dump schemes, but investors should monitor the situation closely. Additionally, investors are advised to keep an eye on the Middle East situation when considering investments in Hub Cyber Security.