Why Is Everyone Talking About Ocugen Stock?

1 min read

On Dec. 1, 2020, Ocugen (NASDAQ: OCGN) had a market cap of just over $55 million. It was a minnow in the biotech world that few investors would have been paying attention to. Today, it’s worth more than $1.5 billion and has been soaring in popularity. The company is often found on the popular WallStreetBets Reddit forum.

What’s gotten investors so excited about a company that makes next to no revenue? Below, I’ll look at what’s behind the company’s soaring popularity and whether you should hop on the bandwagon.

Image source: Getty Images.

Continue reading

Leave a Reply

Your email address will not be published.

Previous Story

Should Investors Be Worried About DermTech’s Decline From Its 52-Week Highs?

Next Story

The Making of Rene Jones and the Modern M&T Bank

Latest from Blog