What Happened With Invo BioScience Stock Today?
Portfolio Pulse from Erica Kollmann
INVO BioScience, Inc. (NASDAQ:INVO) shares surged after announcing a merger with NAYA Biosciences. The combined company will focus on fertility, oncology, and autoimmune diseases, and plans to rebrand as Naya Biosciences with a new ticker 'NAYA'.
October 14, 2024 | 9:38 pm
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INVO BioScience shares surged due to a merger with NAYA Biosciences, expanding its focus to oncology and autoimmune diseases. The company will rebrand as Naya Biosciences.
The merger with NAYA Biosciences and the expansion into new therapeutic areas are significant developments for INVO BioScience. The market reacted positively, as evidenced by the 92.55% increase in share price during the regular session. The rebranding and new focus areas suggest potential growth and diversification, which are likely to attract investor interest.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100