Altimmune Inc. ($ALT) shares traded sharply higher today after patent news. The company’s immunologic-therapeutic was granted a US patent today, potentially setting up the stock for an extended bull run. However, the company has a significant financial strain and no products at phase 3 status, so obtaining additional funding will be an issue. Here’s a […]
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Shares of Altimmune Inc. (ALT) rose very sharply in trading over the last 24 hours. On the surface, it was alleged that the company’s shares rose due to positive news from its pipeline developments for its phase 1 and 2 research. However, the company recently completed a 1:30 reverse split, meaning that every 30 shares […]
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