SMX Shares Jump Nearly 38% After Successful Full-Chain Cotton Traceability Pilot

(RTTNews) - SMX (Security Matters) Public Limited Company (SMX) shares surged 35.75 percent to $198.60, gaining $52.30 on the Thursday after the company announced a successful multi-day industrial pilot demonstrating full-chain traceability for recycled cotton.

SMX is trading at $214.96 after opening at $163.46, with shares moving sharply between $163.46 and $272.00 on the Nasdaq. Current bid stands at $190.80 and ask at $261.67. Trading volume is 877,487, compared with an average of 3,063,931.

The stock's 52-week range is $1.04 to $8,393.25, highlighting its extreme volatility and the magnitude of today's move.

The pilot study revealed that SMX's molecular markers can be tracked through all key stages of textile processing.