Veru Inc (VERU) is trading 21% higher at $23.76 today. Shares of the promising biotech company are vastly outperforming it's biotech peers as the price arcs higher upward. The price is breaking out to new highs.
It appears somebody, somewhere, knew something. Whales have taken out highly bullish bets on the company in the past few days. This in the shadow of a mixed to poor earnings report just 5 days ago. If one of our readers has a better idea about what's changed in the value proposition, let us know! For know all we know is that traders are jumping on the stock today.
Veru Inc has been trading between a 52-week high of $23.76 and a 52-week low of $4.34. The stock has a market cap of $1.85 Billion.
Veru Inc. is an oncology biopharmaceutical company with a focus on developing novel medicines for the management of prostate cancer and breast cancer. The Veru prostate cancer pipeline includes VERU-111, VERU-100, and Zuclomiphene citrate.
Headlines
U.S. Stocks Trade Mixed; Dow Rises 75 Points
Benzinga 08-16-22
If You Invested $1000 In This Stock 5 Years Ago, You Would Have $15,000 Today
Benzinga 08-15-22
This Is What Whales Are Betting On Veru
Benzinga 08-15-22
Thinking about buying stock in Invitae, AMC Entertainment, Veru, Sailpoint Technologies, or Bed Bath & Beyond?
Kwhen Finance 08-12-22
Thinking about buying stock in Invitae, AMC Entertainment, Veru, Sailpoint Technologies, or Bed Bath & Beyond?
Benzinga 08-12-22
As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:A11anMS11 - 5 upvotes -
sourceDamm veru was such a good buy at 11$, should've bought more
Roxaos - 4 upvotes -
sourceTwo 10 baggers right under my nose and I only bought a single share of both. (BBBY, VERU). ![img](emote|t5_2th52|4260)
Sensitive-Fox4133 - 2 upvotes -
sourcePatting myself on the back for VERU, but super shout out to the FUBO boys and their idea there...very well done
bpn8 - 2 upvotes -
sourceI don’t know about the next Standard oil but, definitely will be one of the big bosses in charging stations for electric cars. I personally have 100+ shares of Chargepoint already and buying when I can. Also look into VERU that’s another solid stock to drop money into that just keeps going up.
Dancing_PP - 2 upvotes -
sourceVERU you whores. Slurp it up
King-of-Plebss - 1 upvotes -
sourceI tried to tell you plebs to buy Veru two weeks ago…
marlinmarlin99 - 1 upvotes -
sourceVeru doesn't have anything to do with charging stations and I think it has peaked, it might drop before going up
upsandDowns131325 - 1 upvotes -
sourceVERU is a hood stock as I’ve been holding on since it was $3 a share and I have options at 17.50 strike
Tigerishtrash - 1 upvotes -
sourceVERU having some crazy runs and squeezes.
undergraduateproject - -1 upvotes -
sourceThe real squeeze this past week has been $veru