Rapid Micro Biosystems (RPID) Stock: Why The Price Surged Today

By Amit Chowdhry ● Mar 15, 2022
  • The stock price of Rapid Micro Biosystems Inc (NASDAQ: RPID) increased by 26.17% today. This is why.

The stock price of Rapid Micro Biosystems Inc (NASDAQ: RPID) increased by 26.17% today. Investors appear to be responding positively to what was revealed in a Form 4 filing.

The Form 4 filing showed that Rapid Micro Biosystems board member Inese Lowenstein acquired 10,000 shares of the company at an average price of $6.95. This imputes a transaction value of $69,500.

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