PROG Stock: Why The Price Increased Today

By Amit Chowdhry ● Oct 26, 2021
  • The stock price of Progenity Inc (NASDAQ: PROG) increased by over 30% pre-market today. This is why it happened.

The stock price of Progenity Inc (NASDAQ: PROG) increased by over 30% pre-market today. There are no company-specific reports driving up the stock price.

Investors who are active on social media platforms like Discord, Twitter, and Facebook appear to be coordinating a short squeeze. There is also speculation from these investors that the company will be making a big announcement this week so it appears a “buy the rumor” factor is in play as well.

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