Shuttle Pharma jumps after soaring nearly 400% in debut
01/09/2022 14:19
** Shuttle Pharmaceuticals Inc's SHPH.O units jumping
~162% to $101 premarket, a day after soaring in debut
** SHPH on Weds traded as high as $84.70 before finishing
session at $38.48, up ~374% from $8.125 IPO price
** Co sold 1.2 mln units, comprising one share and one
pre-funded warrant, for ~$10 mln raise urn:newsml:reuters.com:*:nPn4jcMZKa
** Boustead Secs lead bookrunner, joined by Valuable Capital
as underwriters for IPO
** Shuttle developing radiation sensitizers, agents to
improve radiation therapy to kill cancer cells
** SHPH among most highly watched tickers on social media
forum Stocktwits.com https://stocktwits.com/rankings/watchers
(Lance Tupper is a Reuters market analyst. The views expressed
are his own)
((lance.tupper@thomsonreuters.com
lance.tupper@tr.com 1-332-219-1430))