Pre-Market Most Active: RELI Reliance Global Group, Inc. (NASDAQ) at $0.29, heavy volume

Pre-Market Most Active: RELI Reliance Global Group, Inc. (NASDAQ) at $0.29, heavy volume

RELI stock is trading in the pre-market on NASDAQ at $0.29, seeing outsized activity ahead of the March earnings window. Volume has spiked to 248,368,500 shares versus an average of 1,535,240, pushing relative volume to 161.78 and making RELI one of the most active tickers. Investors are reacting to the company’s Feb. 23 acquisition of Enquantum and the run-up in retail trading. We break down what the move means for valuation, technicals, and short-term trading ahead of the next earnings report.

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