Shares of India Globalization Capital Inc. , also known as IGC, more than tripled--up 234%--in very active afternoon trade Friday, to trade above the $1 mark for the first time in three months, after the company said its stock will re-list on the NYSE's American exchange next week after it won its appeal. Trading volume swelled to $8.6 million shares, compared with the full-day average of about 253,000 shares. The cannabis company's stock has been trading over the counter since the exchange's decision on Oct. 29 to delist the stock. Prior to its October de-listing, MarketWatch had written a story that outlined series of concerns with the company's claims and businesses. IGC's stock has now gained 85% over the past three months, while the ETFMG Alternative Harvest ETF has rallied 23% and the S&P 500 has tacked on 5.2%.