Geometry Dash APK Hill Climb Racing APK
55.3 F
New York
Tuesday, December 6, 2022

Akers Biosciences Inc (NASDAQ:AKER) Gets Special Attention on Coronavirus Buzz

Must read

Gopher Protocol Inc (OTCMKTS:GOPH) Answers the Bears with a Blockchain Move

A stock that has been in a steep corrective wave, but still retaining “buzz potential” and a tight float is Gopher Protocol Inc (OTCMKTS:GOPH)....

CTT Pharmaceutical Holdings Inc (OTCMKTS: CTTH): The Next Bite for Aurora Cannabis Inc (OTCMKTS:ACBFF)

If you’re wondering where the next Aurora-Cannabis-is-buying-everything grenade was going to detonate, then look no further: it’s CTT Pharmaceutical Holdings Inc (OTCMKTS: CTTH). The company...

Breakout Watch for Gopher Protocol Inc (OTCMKTS:GOPH)

Gopher Protocol Inc (OTCMKTS:GOPH) has been working very hard to break higher in recent action, with shares pushing above its early March highs to...

INMED PHARMACEUTIC COM NPV (OTCMKTS:IMLFF) Progressing with Cannabinoid Glaucoma Treatment

INMED PHARMACEUTIC COM NPV (OTCMKTS:IMLFF) shares went from .25 cents per share to .70 cents in one short month. Then, shares fell back to...

The coronavirus pandemic may have unleashed mayhem on the stock market, but at the same time, it has led to significant rallies in stocks of companies that are involved in tackling it. Akers Biosciences Inc (NASDAQ:AKER) has emerged as one such stock after the company made an important announcement with regards to its coronavirus vaccine candidate.

Big News

The company stated that there had been advancement in the development of its coronavirus vaccine, and that has led to a strong uptick in the stock price this morning. Trading volumes rose significantly as investors piled on the stock today, and the Akers stock recorded gains of as much as 62%.

Volumes surged as much as 25 times as the advancements came to the fore this morning. Akers announced that along with its partner Premas Biotech, it has managed to create a total of three antigens that could be used in the vaccine in question. In other words, the company now tries out three separate types of antigens for its coronavirus vaccine candidate, and consequently, the chances of success go up somewhat. Premas co-founder Prabuddha Kundu stated that the development of three antigens gives it three ‘shots on goal.’

It is a compelling argument and goes to show that the optimism around the Akers stock is not misplaced at all. The two companies have the second phase of the protein extraction process. Another update with regards to the developments is going to be provided later on in April. It goes without saying that there is going to be a lot of anticipation around that announcement from Akers and Premas.

However, until the day comes around, the latest announcement from Akers has resulted in a significant rally in the stock. It remains to be seen how long the rally is sustained as the coronavirus pandemic enters a critical phase in the United States.

Latest article

Alibaba Group Holding Limited (OTCMKTS:BABAF) Big Volume with Possible 60% Upside

Alibaba Group Holding Limited (OTCMKTS:  BABAF) is an over the counter stock traded on the OTC Pink markets in the Consumer Discretionary...

Trans Global Group Inc (OTCMKTS:TGGI) Stock In Focus After Operational Updates

The Trans Global Group Inc (OTCMKTS:TGGI) stock may not have been in the news today yet but it...

Why Hycroft Mining (NASDAQ:HYMC) Stock Shot Up 700%

If you are on the hunt for stocks that may have made major gains over the course of the past week, then...

Secure Paymentz releases banking software demo on Github

This is a paid announcement from one of our advertising partners. How to Leverage Your Trading Position by Secure...

Advanced Asset Management Announces New Website Launch

This is a paid announcement from one of our advertising partners. Financial Planner in Grandville, Michigan
Şehirler arası nakliyat ve Şehirler arası taşımacılık konusunda en uygun fiyatlar ve en kaliteli hizmet.
ofis taşıma firmaları ve ofis taşıma konusunda en uygun fiyatlar ve en kaliteli hizmet. Affordable best sms verification service