Petros Pharmaceuticals (PTPI) Stock: Why The Price Surged Today

By Amit Chowdhry ● Nov 23, 2021
  • The stock price of Petros Pharmaceuticals Inc (NASDAQ: PTPI) increased by over 190% pre-market today. This is why it happened.

The stock price of Petros Pharmaceuticals Inc (NASDAQ: PTPI) increased by over 190% pre-market today. There does not appear to be any specific news reports driving up the price.

But the company filed a Schedule 14A, which seemed to have drive interest in the stock over the last 24 hours. Investors on social media platforms like Discord and Twitter used this momentum on the company stock to drive the price up. Investors on those platforms cited Petros Pharmaceuticals’ relatively low float as an opportunity for driving the momentum.

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