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Rockville biotech Shuttle Pharmaceuticals shares climb 373% on first day of trading – Rockville Economic Development, Inc

By September 7, 2022No Comments
Shuttle Pharmaceuticals 768x402

Shuttle Pharmaceuticals 768x402On its first day as a publicly traded company Wednesday, Rockville-based Shuttle Pharmaceuticals Holdings Inc. (NASDAQ: SHPH) saw its shares climb a staggering 373% to close at $38.48. At one point late Wednesday, its shares were trading at above $65 — up more than 700% from their opening price.

In after-hours trading Wednesday, the stock was down about 17% from its close and trading around $32 a share.

The eye-popping gains came on a day when all the major U.S. stock indexes fell.

 

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