Why Greenwich LifeSciences Stock Skyrocketed Today

Why Greenwich LifeSciences Stock Skyrocketed Today

Shares of Greenwich LifeSciences (NASDAQ: GLSI) were skyrocketing 48.8% higher as of 3:19 p.m. EST on Monday. The huge jump came after the company announced the hiring of Jaye Thompson as vice president of clinical and regulatory affairs. In this case, though, the hiring of Thompson increased investors' confidence about the potential for success in the late-stage study of Greenwich's GP2 cancer immunotherapy candidate in treating breast cancer.