Healthcare Trying to Stay Alive

Healthcare Trying to Stay Alive

By: Dylan Sikes – AllPennyStocks.com News

Wednesday, September 23, 2020

Today has been an interesting day of trading to say the least. With the S&P 500 opening up just a tad from yesterday’s close, in midafternoon trading we’re seeing a -1.7% selloff. As one could likely expect on such a sharp turnaround, all major sectors are trading negative.

On today’s selloff, healthcare is shedding the least of its morning gains, currently trading down only -.50%. While not an extraordinary move, there are a couple of outliers worthy of mention.

The Good, The Bad, and The Newsworthy

While the sector is trying to hold on, American CryoStem Corporation (OTC-PNK:CRYO) has been able to hold on to this weeks’ gains trading up $.106 to $.496/share for a 27% gain in early trade, only to give a decent chunk of the early gains back during the selloff. This overall upward continuation comes off news that the FDA has cleared its new Drug for Post-Concussion Syndrome for Phase I Clinical Trial. 

HearAtLast Holdings Inc. (OTC-PNK:HRAL) followed in the sectors’ footsteps and sold off significantly in later hours, down -$.0021 to $.115/share (-15.44% DoD). It is important to note however that this steep drop occurred on roughly 15% of the volume normally traded, so one could look at illiquidity to be a potential major factor in this underperforming security.

Glucose Health, Inc (OTC-PNK:GLUC) made headlines today as it unveiled a Diabetic Friendly “enhanced water” drink mix consumer packaging. While not exactly groundbreaking, investors appear to be convinced the newly attention-grabbing labeling will draw consumers to the product in stores as shares trade up $.07 to $1.35/share for a nice 5.5% gain. 


Copyright © 2020 AllPennyStocks.com. All rights reserved. Republication or redistribution of AllPennyStocks.com's content is expressly prohibited without the prior written consent of AllPennyStocks.com. AllPennyStocks.com shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Other Penny Stock Movers

Tech Stock Flirts With Multi-Year Highs, Announces Transformative Joint Venture
The COVID-19 Pandemic Continues To Fuel Corporate Ingenuity
Communication Sector OTC Outperformers
Most Popular
FREE Newsletter


Back to Top