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Alpha Cognition Inc (OTCMKTS:ACOGF) Stock In Focus After Latest News

Madison Hall , , , ,

This week the Alpha Cognition Inc (OTCMKTS:ACOGF) stock may well be one to watch out for given the fact that last Friday the stock had made an upward move and ended up with gains of as much as 6%.

Trading Data

On Friday, ACOGF stock surged 6.27% to $0.2271 with more than 450 shares, compared to volume of 4.63K shares. The stock moved within a range of $0.2271 – 0.2271 after opening trade at $0.2271.

Alpha Cognition Announces the Resignation of Chief Medical Officer Cedric O’Gorman, MD

It is a biopharmaceutical company which is involved in the development of novel therapies which can help in changing the lives of people who may be suffering from a range of difficult neurodegenerative disorders. It came into focus last Friday after it announced that its Chief Medical Officer, Cedric O’Gorman, had resigned from his position and had moved on to pursue other opportunities. The resignation of a key member of its executive team actually led to a bump in the stock and it remains to be seen if it continues or not.

In this regard, it was announced by Alpha Cognition that it had already started the hunt to come up with a replacement for O’Gorman. At the same time, the company also noted that it was going to continue to cultivate the relationships it had in place with consultants who had been involved in assisting Alpha Cognition with its NDA filing. It may be a good idea to track the stock this week.

Madison Hall

After graduating from the University of Buffalo, Madison gained a real interest in the markets. She tends to be a swing trader and enjoys Pilates and yoga in her downtime.