89Bio Inc shares are moving today up 40%

(NASDAQ: ETNB) shares are surging this morning up more than 40% as of this post on increasing volume. More than 17,000 trades have gone off with the stock at $6.94 as of this post, and a volume of more than 2.25 million. This stock follows a surge of recent Biotech stocks with 52-week highs of more than $20.0 and the highest volume day of 4 million this year. The 52-week high is $21.47 and there is no news to report.

RISK: This post is the author’s view of what’s happening and is not investment advice. The editors or others using this site can and will trade all stocks posted. Use this information at your own risk as you are responsible for your trading and losses. There is no guarantee any post will be updated and should be taken on an “as is basis” when posted. The market moves and changes quickly which makes the information contained in this post old very quickly.

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