Halberd Corporation (OTCMKTS:HALB) Stock Gains Momentum: How To Trade Now?
Investors might have noticed that the Halberd Corporation (OTCMKTS:HALB) stock is up by 10% this morning. The strong rally in the stock has come about after the company announced that it has had a potential breakthrough in discovering a process that could help in the removal of disease causing antigens.
It is a major development for the company and hence, it is no surprise that the announcement this morning has sent the Halberd Corporation stock soaring. The company has revealed that this process uses its proprietary extracorporeal treatment process and is fairly simplified since it can be performed with the help of traditional medical equipment available in hospitals.
However, that is not all. This particular process could also make it easier to stock and deliver the treatment materials. In turn, it will lead to considerable reduction in costs when it comes to administering treatments. While this is a major development for the company, it is important to point out that the company had another breakthrough earlier on this month.
The company announced on June 1 that it filed a joint patent application in the United States for “Antibody Conjugated Nanoparticle Assay And Treatment For SARS-CoV-2.” Hence, it is clear to see that this is a stock that could be worth tracking at this point.
Market Reactions
As of 10.30, HALB stock gained by 2.20% at $0.0233. Total volume so far stood at 2.52 million shares, compared to its average volume of 7.17 million shares. The stock moved within a range of $ 0.0220 – 0.0250 after opening at $0.0250.
