Galecto Inc. (NASDAQ:GLTO) stock spiked on Tuesday, with a session volume of 61.11 million, compared to the average volume of 984,320, as per data from Benzinga Pro.However, there is no news to justify this extraordinary rally, suggesting speculative trading.As of June 30, 2025, cash and cash equivalents were approximately $10.2 million.The company anticipates that its cash and cash equivalents will be sufficient to fund operating expenses and capital requirements through 2026, including the submission of a ...