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Stock Alert: FSD Pharma Gains 18% On License Agreement To Develop Vet Drug

March 17, 2021 — 10:28 am EDT

Written by RTTNews.com for RTTNews ->

(RTTNews) - FSD Pharma Inc. (HUGE) shares rising more than 18 percent on Wednesday morning trade as the company entered into license agreement to develop FDA approved veterinary drugs for the treatment of gastro-intestinal diseases in dogs and cats.

Currently shares are at $2.44, up 18 percent from the previous close of $2.07 on a volume of 45,149,310 shares. The shares have traded in a range of $1.38-$14.00 on average volume of 2,830,801.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.
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