Ernexa Stock’s 58% Jump Shows How Fast a Tiny Biotech Can Reprice on Ovarian-Cancer Hopes
Ernexa Therapeutics shot higher on Tuesday, though the trading action left plenty of questions. The move was really a textbook biotech squeeze, sparked by fresh investor focus on ERNA-101, their preclinical cell therapy for ovarian cancer. The stock’s thin float and last month’s reverse split set the stage. As of 3:50 p.m. ET, shares were changing hands at $11.43, marking a gain of 58.5%. ERNA swung as high as $15.58, with an intraday floor at $6.86.