6D Says Not Aware Of Any Event Behind Recent Extreme Volatility In Its Stock Price

By Ciara LinnaneMarketWatch Pulse

6D Global Technologies Inc. said Wednesday it is operating its normal course of business and is not aware of any event that may have created recent high volatility in its stock price. The Internet marketing company is listed on Nasdaq, and has seen its stock spike up to about $20 after it was included on four Russell indexes at end June, only to immediately plummet back to its current trading level of about $5.44. The company "is in close contact with officials at the NASDAQ market intelligence desk and will provide full cooperation that may closely review recent market participants and unusual market maker activities in their trading of SIXD common stock," it said in a statement. Chief Executive Tejune Kang said he expects another year of growth in 2015. Shares are down 43% in the last month.

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