Blue Water Vaccines jumps on 5 mln share repurchase program

Onconetix

10/11/2022 16:11

** Blue Water Vaccines Inc's  BWV.O  shares rise 16% to
$1.07 
    ** Drug developer authorizes a 5 million share repurchase
program
    ** Co reported cash, and cash equivalent of $29.1 mln as of
Sept. 30 compared with 1.9 mln as of December 2021
    ** Co's market cap was $12.64 million as of its last close -
Refinitiv IBES data 
    ** Including session gains, stock has lost ~98% since its
February IPO
 (Reporting by Khushi Mandowara)
 ((Khushi.Mandowara@thomsonreuters.com;))