$EDSA +100% on the day

$EDSA, Edesa Biotech, Inc. shares jumped 100% on the day to $9.98 mid day after the company received an approval from the Health Canada to initiate Phase 2clinical study of drug EB05 who is  a potential treatment for moderate to severe COVID-19 patients.

The morning gap up was nice and it run until 10h30 before to fade out all day long and finish at $5.78.

Here is the graph pf the complete day:

Here is the 2 day graph to see the morning gap up:

Here is the 30 day graph:

Here is the link for the news.