May 29, 2020 Sophia Vida
Biotech & Pharma

Arca Biopharma Explodes Higher After Announcing Plans to Test a Coronavirus Drug

Shares of Arca Biopharma were skyrocketing on Thursday and nearly quintupled in value after the company announced that it would develop a coronavirus treatment for patients with abnormal blood clotting. The biotech company saw its shares soar 386.3% to 19.21. Shares had ended trading Wednesday at 3.95. The company announced that it will study an … Continue reading “Arca Biopharma Explodes Higher After Announcing Plans to Test a Coronavirus Drug”