• 35
  • 9
  • Favorite

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%.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment9

  • Wayne77
    ·2021-06-11
    ???
    Reply
    Report
  • Clarity
    ·2021-06-11
    [Miser] [Miser] [Miser] 
    Reply
    Report
  • Yellen
    ·2021-06-11
    Help me like tks
    Reply
    Report
  • WilsonTan112
    ·2021-06-11
    Response 
    Reply
    Report
    Fold Replies
    • Yappyyell
      [What]
      2021-06-11
      Reply
      Report
  • irung
    ·2021-06-11
    Comment pls
    Reply
    Report
    Fold Replies
    • Veldin
      Up
      2021-06-11
      Reply
      Report
  • irung
    ·2021-06-11
    Like pls
    Reply
    Report
    Fold Replies
    • JunJie
      cool
      2021-06-11
      Reply
      Report
  • deadcow
    ·2021-06-11
    up up
    Reply
    Report
    Fold Replies
    View more 2 comments
  • TCRaN
    ·2021-06-11
    Like
    Reply
    Report
    Fold Replies
    • Veldin
      Up
      2021-06-11
      Reply
      Report
    • jerminos
      Done! Help comment. thanks!
      2021-06-11
      Reply
      Report
  • Roticanai
    ·2021-06-11
    Like
    Reply
    Report
    Fold Replies
    • TCRaN
      like
      2021-06-11
      Reply
      Report
    • SfunReplying todeadcow
      up up up
      2021-06-11
      Reply
      Report
    • deadcow
      up up
      2021-06-11
      Reply
      Report
 
 
 
 

Most Discussed

 
 
 
 
 

7x24

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email:uservice@ttm.financial