$ORPH + 301%
Orphazime is a biopharmaceutical company harnessing the amplification of heat shock proteins—a key component of the body’s natural cellular stress-defence system. It is engaged in the development and commercialization of novel therapeutics for the treatment of rare neurodegenerative diseases.
Today, they close up at more than 300%, at one point around, 2 O’clock, the share price was up like + 1000% in the $ 77 area when he was in the $5 area at 10 in the morning.
There is no news since the beginning of May, check the website of the company.
What is the cause of this move?
I personally thing than it’s 100% speculation.
They halted the stock many times during the day but this doesn’t calm anything. There is something line 6 000 000 shares who have been sold today when the average volume is in the 61 000 shares.
Any clue about what really happened, but this move is big.
Here is the graph of the day:
Here is a 30-day overview: