Adagio Therapeutics (NASDAQ:ADGI) inventory is rising increased on Tuesday as buyers on social media can’t cease speaking concerning the firm.
Curiosity in ADGI inventory is trending increased as we speak with it being one of the crucial mentioned shares on social media. That comes as information of the Covid-19 Omicron variant started to unfold late final week. Alongside that has been a constant rally for the shares since Friday.
Let’s check out what some merchants are saying about ADGI inventory on Twitter (NYSE:TWTR) as we speak.
ADGI Inventory Twitter Speak
— Mission (@missionhost) November 30, 2021
— yoyoTrading (@TradingYoyo) November 29, 2021
$ADGI haha u guys are goons lol that is so closely shorted may squeeze it to 70+ if we hammer the ask 🆓
– Lars Lind (@SaiPhenom) November 29, 2021
It’s additionally value noting that Adagio Therapeutics weighed in on the Omicron variant with a press launch as we speak. In it, co-founder and CSO Laura Walker stated the next.
“As a result of extremely conserved and immunorecessive nature of the epitope acknowledged by ADG20, we anticipate that ADG20 will retain exercise in opposition to Omicron, as we’ve noticed in in vitro fashions with all different variants of concern recognized beforehand. Additional, not one of the mutations current within the spike protein of the Omicron variant have been related to escape from ADG20 neutralization.”
All of this additional consideration on ADGI inventory comes with heavier-than-normal buying and selling as we speak. That has greater than 12 million shares of the inventory traded as of this writing. For comparability, the corporate’s each day common buying and selling quantity is nearer to 886,000 shares.
ADGI inventory is up 6.8% as of Tuesday morning and is up 6,714.4% for the reason that begin of the 12 months.
We’ve received extra inventory market information for merchants to leap into under!
InvestorPlace is dwelling to all the newest inventory protection that merchants must find out about. For Tuesday, that features the information sending deal sending Guardforce AI (NASDAQ:GFAI) inventory increased, what’s hitting Be Prescription drugs (NASDAQ:BEING) shares, in addition to the trigger behind Pioneer Energy Options (NASDAQ:PPSI) shares rising. You’ll find out all about these matters on the following hyperlinks!
Extra Inventory Market Information for Tuesday
On the date of publication, William White didn’t have (both straight or not directly) any positions within the securities talked about on this article. The opinions expressed on this article are these of the author, topic to the InvestorPlace.com Publishing Tips.