Petros Pharma, Biofrontera trade in high vols, retail attention persists

Petros Pharmaceuticals

29/11/2021 14:50

** Shares of Petros Pharmaceuticals  PTPI.O  surge 79.9%,
while those of Biofrontera  BFRI.O  down 10% 
    ** More than 21.5 mln shares of PTPI and 14.2 mln shares of
BFRI traded 
    ** PTPI tracking its best day ever
    ** The biopharmaceutical companies are the highest volume
movers on NASDAQ
    ** PTPI, BFRI are #3 and #6 among the most watched stocks on
investor-focussed social media site Stocktwits.com 
    ** BFRI also among the top 10 traded-stocks by individual
investors, according to orders by Fidelity customers
    ** BFRI gained over 20% on Monday before reversing course
after the co announced a private placement of its stock and
warrants that will fetch about $15 mln in gross proceeds
 urn:newsml:reuters.com:*:nASA02U2R
    ** Up to Friday's close, PTPI had fallen 52.5% YTD, while
BFRI had gained 79.1% since its debut on Oct 29

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