Shares of BIO-key International Inc. (NASDAQ: BKYI), an innovative provider of identity and access management (IAM) solutions powered by biometrics, jumped 33% at the NASDAQ opening time (13:30 UTC) on July 16, 2020. This followed an announcement by the company that its footprint in providing IAM for higher education continues to grow within the California Community College System with fifty colleges under support.
In the period from July 10, 2020 12:00 to July 16, 2020 12:00, StockGeist displayed on average just 1-3 messages per hour related to BKYI. Then, on July 16, at 13:00 the number of messages jumped to 74. Again, a clear peak of activity in social media was observed just prior to the NASDAQ opening time.