Kiora Pharmaceuticals Stock (KPRX): Why The Price Surged Today

By Amit Chowdhry ● Dec 30, 2021
  • The stock price of Kiora Pharmaceuticals Inc (NASDAQ: KPRX) increased by over 35% during intraday trading today. This is why it happened.

The stock price of Kiora Pharmaceuticals Inc (NASDAQ: KPRX) increased by over 35% during intraday trading today. There are no company-specific reports or filings from the company driving up the price today so it appears there are external factors at play.

In this case, it appears that investors who are active on social media platforms like Discord, Facebook, Twitter, StockTwits, etc. are driving a short squeeze. And Kiora Pharmaceuticals has a relatively low float, which makes it easier for day traders to drive momentum.

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