NanoViricides pulls back after prior session surge

NanoViricides,

22/09/2021 17:04

** Biopharma co Nanoviricides's shares  NNVC.A  drop 14% to
$5.33 after surging 63.3% in the previous session
    ** Tuesday's surge came after co said its COVID-19 drug
candidate showed effectiveness against multiple coronavirus
variants
    ** ~101.3 mln shares of NNVC changed hands on Tuesday vs.
its 10-DMA volume of 13.8 mln   
    ** Reddit chatrooms, r/Shortsqueeze and
r/WallStreetbetsELITE and Discord channels, saw a sustained
discussion on NNVC
    ** Message volume related to NNVC has spiked by 337.1% in
the past 7 days on investor-focused social media site
stocktwits.com
    ** Up to Tuesday's close, stock had risen 95.6% YTD

 (Reporting by Bansari Mayur Kamdar)
 ((BansariMayur.Kamdar@thomsonreuters.com;))