Orphazyme stock's rocket ride leads to 20 volatility halts, Galecto stock halted 7 times

Dow Jones2021-06-11

Shares of Orphazyme A/S (ORPHA.KO) blasted 383.8% higher, enough to make the Denmark-based biopharmaceutical company's stock by far the biggest gainer listed on major U.S. exchanges, prior to a trading halt. The stock, which was up as much as 1,387% at its intraday high of $77.77, was halted for volatility for the 20th time Thursday at 3:24 p.m. Eastern with the last trade at $25.30, and remains halted. The stock's rally gave the company a market capitalization of $884.3 million. The company confirmed that there was no news released Thursday. The last announcement was May 7, when the company said a pivotal trial of its treatment for Lou Gehrig's disease failed to meet primary and secondary endpoints, sending the stock plunging 32.8% that day. After Orphazyme, the next biggest gainer Thursday was Boston-based biotech Galecto Inc.'s stock (GLTO), which ran up 170.0% prior to its seventh halt for volatility at 3:15 p.m. The stock's rallies comes as Nasdaq Composite gained 0.8% and the S&P 500 rose 0.5%.

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Comments

Wayne77
2021-06-11
Wayne77
???
Clarity
2021-06-11
Clarity
[Miser] [Miser] [Miser]
Yellen
2021-06-11
Yellen
Help me like tks
WilsonTan112
2021-06-11
WilsonTan112
Response
- Yappyyell:
  [What]
irung
2021-06-11
irung
Comment pls
- Veldin:
  Up
irung
2021-06-11
irung
Like pls
- JunJie:
  cool

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[Miser] [Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/181222347","repostId":2142163227,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":181178154,"gmtCreate":1623381455278,"gmtModify":1704202134136,"author":{"id":"3570181867008704","authorId":"3570181867008704","name":"Yellen","avatar":"https://static.tigerbbs.com/4a94cccd5a8eeddae49b5113dd392f79","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3570181867008704","authorIdStr":"3570181867008704"},"htmlText":"Help me like tks","listText":"Help me like tks","text":"Help me like 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