India, April 10 -- Shares of PainReform Ltd. (PRFX) gained over 32% on Thursday morning after the clinical-stage specialty pharmaceutical company announced its official expansion into the rapidly growing Smart Energy Management (SEM) sector.
PRFX is currently trading at $2.4100, up $0.5900 or 32.4176%, on a heavy volume of 33 million shares, above average volume 1.1 million, on the Nasdaq. The stock opened its trading at $2.8000 after closing Wednesday $1.8200. The stock has traded between $0.4320 and $16.6300 in the past 52-week period.
This move follows the successful acquisition of DeepSolar, a cutting-edge provider of AI-driven software solutions designed to optimize solar energy usage in residential and utility-scale solar power plan...