Why did SONG spike on 02 Jan 2026?

SONG spiked because volume surged to 1,201,422 shares versus an average of 11, creating a liquidity-driven price move rather than a fundamentals event. Thin float means even modest orders produce outsized percentage moves.

Is SONG a buy after this spike?

Given EPS -3,026.63, market cap USD 8,503.00, and extreme volatility, Meyka AI’s current grade suggests HOLD. This is a high-risk speculative trade; use tight risk controls and avoid sizing an investment like a diversified core holding.

How should traders manage risk in SONG?

Use small position sizes, predefined stop losses, and limit orders. Expect rapid reversals due to relVolume 109,220.18 and low avgVolume. Avoid margin use; confirm trade settlement conditions first.

What does Meyka AI forecast for SONG?

Meyka AI's forecast model projects a monthly figure of -19.37 USD. Compared to the current price of USD 1.70, the model implies a large downside; forecasts are model-based projections and not guarantees.

US Stocks

SONG up 25.93% to $1.70 on 1.20M volume (02 Jan 2026 mkt hrs): Liquidity test

ByHuzaifa Zahoor January 3, 2026January 3, 2026

The microcap Music Licensing, Inc. (SONG) rallied 25.93% to $1.70 on 02 Jan 2026 during market hours on the PNK exchange as volume surged to 1,201,422 shares versus an average daily volume of 11 shares. That 109,220.18x relative volume spike drove the move and exposed extreme liquidity dynamics in this United States-listed stock priced in USD. Traders should read this as a volume-driven event, not earnings-driven news: reported EPS is -3,026.63 and market cap is USD 8,503.00, which frames SONG as a highly speculative, low-float name with outsized intraday swings.