Shares Of This Micro Cap More Than Doubled Today - InvestingChannel

Shares Of This Micro Cap More Than Doubled Today

A New York-based biotech was turning heads during Tuesday’s session after the company announced that interim results from a phase 2a trial of its HT-001 showed that all patients met the primary efficacy endpoint.

Traders wasted no time scooping up shares of Hoth Therapeutics Inc. (Nasdaq:HOTH), with shares of the micro cap reaching up to $3.80/share (+363.64%) at the early session high. This move was a strong breakout from the multi-month downtrend this stock has been stuck in since April of last year. 

Hoth Therapeutics Inc is a development-stage biopharmaceutical company. It is focused on targeted therapeutics for patients suffering from conditions such as atopic dermatitis, also known as eczema, chronic wounds, psoriasis, asthma, and acne. The company owns the BioLexa Platform which combines an FDA-approved zinc chelator with one or more approved antibiotics in a topical dosage form to address unchecked eczema flare-ups.

Copyright © 2025 AllPennyStocks.com. All rights reserved. Republication or redistribution of AllPennyStocks.com’s content is expressly prohibited without the prior written consent of AllPennyStocks.com. AllPennyStocks.com shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

View the original article on AllPennyStocks.com

]]>

Related posts

Advisors in Focus- January 6, 2021

Gavin Maguire

Advisors in Focus- February 15, 2021

Gavin Maguire

Advisors in Focus- February 22, 2021

Gavin Maguire

Advisors in Focus- February 28, 2021

Gavin Maguire

Advisors in Focus- March 18, 2021

Gavin Maguire

Advisors in Focus- March 21, 2021

Gavin Maguire