Blue Water Vaccine Inc. Shares Soared 200% Yesterday! Momentum?

(NASDAQ: BWV) Shares were heated yesterday as they went parabolic and moved up 200% into the close. The stock has traded down on low volume of 500k in the pre-market with no true indication of how the stock will perform today.  Shares were up 32% when we posted the news yesterday before the massive spike.  The company has a noted float of 5.49 million shares and traded almost 200 million shares on the day.

The company announced they intend to develop a Monkeypox vaccine.

https://www.globenewswire.com/news-release/2022/08/17/2500013/0/en/Blue-Water-Vaccines-Announces-Exploration-of-Its-Virus-Like-Particle-VLP-Platform-for-Use-in-Monkeypox-Vaccine-Candidate.html

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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