Biodexa Pharmaceuticals Up 151% Premarket; Bigger Capital Fund, Reported A 9.9% Stake In A 13G Filing On Monday
Portfolio Pulse from Charles Gross
Biodexa Pharmaceuticals' stock surged 151% in premarket trading after Bigger Capital Fund disclosed a 9.9% stake in the company through a 13G filing on Monday.
February 13, 2024 | 10:22 am
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POSITIVE IMPACT
Biodexa Pharmaceuticals' stock price soared 151% in premarket trading following the announcement that Bigger Capital Fund has acquired a 9.9% stake in the company.
The significant premarket price surge is directly attributed to the disclosure by Bigger Capital Fund of a substantial 9.9% stake in Biodexa Pharmaceuticals. This kind of investment often signals strong investor confidence in the company's future prospects, potentially leading to increased investor interest and further price appreciation in the short term.
CONFIDENCE 90
IMPORTANCE 95
RELEVANCE 100