Bright Minds Shares Rise 110% After Co Announced Data For BMB-101
Portfolio Pulse from Charles Gross
Shares of Bright Minds Biosciences Inc. surged 110% after the company announced positive data for its drug BMB-101.
August 08, 2023 | 11:50 am
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Bright Minds Biosciences' stock price surged following positive data for its drug BMB-101.
The announcement of positive data for a company's drug typically leads to an increase in the company's stock price as it indicates potential future revenues from the drug's sales. This is the case for Bright Minds Biosciences and its drug BMB-101.
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