Biotech Catches Major Premarket Bid Following Financial Results

Biotech Catches Major Premarket Bid Following Financial Results

Biotech Catches Major Premarket Bid Following Financial Results By: Dylan Sikes – AllPennyStocks.com News

Tuesday, April 9, 2024

A Paris-based biotech company is turning heads so far during Tuesday’s premarket after the company reported year-over-year FY23 EPS results, according to a press release this morning. 

While we don’t usually get into the weeds with financials in the penny stock realm (when compared to widely covered mid or large cap stocks), these key pieces of fundamental information can create quite the frenzy for traders. 

Shares of Biophytis SA (Nasdaq:BPTS) are being aggressively bid up by traders as we head toward the opening bell, with shares currently bid at $0.4475/share (+39.80% implied open for sellers) at the time of writing. It should be an exciting session for this micro cap!

Biophytis SA is a France-based biotechnology company focused on the development of therapeutics that slow the degenerative processes associated with aging and improve functional outcomes for patients suffering from age-related diseases.


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