RZLT Stock Price: Over 85% Increase Explanation

By Amit Chowdhry ● May 27, 2021
  • The stock price of Rezolute Inc (NASDAQ: RZLT) increased by over 85% during intraday trading. This is why it happened.

The stock price of Rezolute Inc (NASDAQ: RZLT) – a clinical-stage biopharmaceutical company developing transformative therapies for metabolic diseases related to chronic glucose imbalance – increased by over 85% during intraday trading. Investors are responding positively to Rezolute announcing that the company CEO and founder Nevan Charles Elam will present at two upcoming virtual investment conferences.

The two conferences are:

— The Jefferies Virtual Healthcare Conference – Friday, June 4, 2021 at 12:30 p.m. ET, corporate presentation

— The JMP Securities Life Sciences Conference – Thursday, June 17, 2021 at 1:30 p.m. ET, fireside chat

Investors believe that a major company announcement will be revealed at the investment conferences.

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