Rand Capital (RAND) Shares Riding Coattails of Synacor (SYNC)

July 6, 2012 11:23 AM EDT
Shares of micro-cap stock Rand Capital (Nasdaq: RAND) are trading up 13% with no significant news releases. However, according to the company's website, the venture capital firm is an investor in Synacor (Nasdaq: SYNC), which is trading up almost 14% today.

Shares of Synacor IPO'd back in Jan. 2012 and have been on a tear, more than tripling from the $5.14 close on its first day of trading.

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