Stock market alert: Opthea jumps almost 50%

(RTTNews) – Shares of Opthea Ltd. (OPT) rose nearly 50% on Wednesday even though there is no similar news to stocks to boost stocks.

OPT is lately trading at $12. 98, an increase of $4. 17 or 47. 33%, on the New York Stock Exchange. Nearly 2. 8 million inventories replaced hands, at an average volume of 6,078. Inventory was quoted between $7. 30 and $15. 00.

Opthea, a biotechnology company, develops and markets treatments primarily for eye diseases in Australia.

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