OCGN Stock: Why The Price Increased Today

By Amit Chowdhry ● Oct 26, 2021
  • The stock price of Ocugen Inc (NASDAQ: OCGN) increased by over 24% pre-market today. This is why it happened.

The stock price of Ocugen Inc (NASDAQ: OCGN) increased by over 24% pre-market today. This is a continuation in momentum as the company stock price increased by over 12% yesterday.

Investors appear to be responding positively to a report that the World Health Organization technical advisory group was reviewing data on India’s Covaxin shot against Covid-19 on Tuesday with a decision on an emergency use listing likely soon, according to Times of India.

“If all is in place and all goes well and if the committee is satisfied, we would expect a recommendation within the next 24 hours or so,” said Margaret Harris in an interview with journalists at a UN press briefing via Times of India.

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