AEMD Stock Price: 388.24% Increase Explanation

By Amit Chowdhry ● June 10, 2021
  • The stock price of Aethlon Medical, Inc. (NASDAQ: AEMD) increased 388.24% yesterday. This is why it happened.

The stock price of Aethlon Medical, Inc. (NASDAQ: AEMD) increased 388.24% yesterday. There has not been any company-specific news from the company in about a week.

But an increase from news about the company from last week saw an increase in circulation yesterday. On June 3, Aethlon Medical cited a pre-print manuscript, which was published in “Research Square.” The manuscript highlighted case studies of 2 critically ill COVID-19 patients who were received access to the company’s Hemopurifier through Emergency Use.

“Case studies demonstrate the successful removal of viral-associated exosomes in first patient and a 58% decrease of plasma SARS-CoV-2 viral load in second patient,” said the company.

The trading volume of the company shares surged to over 253 million shares during trading yesterday compared to an average volume of about 466,000 according to Yahoo Finance data.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.