Why Progenity Stock Was Up More Than 24% Friday

·2-min read
Why Progenity Stock Was Up More Than 24% Friday

Shares of Progenity (NASDAQ: PROG) were up more than 24% on Friday. The biotech company is developing a test called Preecludia that rules out preeclampsia, a pregnancy-related blood pressure disorder, while also specializing in gastrointestinal drugs and oral biotherapies. The stock has been a favorite of retail investors looking for a short squeeze.

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