Closing Bell: Today’s biggest small cap movers on the ASX
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A quick wrap of the key winners and losers on Friday, May 15.
Data is taken after the market closes at 4pm EST.
Stocks highlighted in yellow made market-moving announcements during the day.
K2 Energy (ASX:KTE) closed the day having more than doubled despite having no news to report. The company received a price query and it credited the spike in its share price to a NASDAQ-listed company, Atomera (NDQ:ATOM), becoming a substantial holder in the company.
Know-your-customer regtech Kyckr (ASX:KYK) announced one of its biggest clients, Commerzbank, gave it a major endorsement by signing a new contract worth $100,000.
New Zealand Coastal Seafoods (ASX:NZS) fell due to a capital raising.