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

[mstock id=”73007″ asset=”BWV”]

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