HC Wainwright initiated Yield10 Bioscience (NASDAQ:YTEN) +2.7% AH, with Buy rating, price target of $25.
After recording a 36.6% drop in YTD performance, the stock price has recorded a single day gain of 54% in today’s trading session.
Among the many reasons why the company is attracting investor attention, we have tried to compile a few below:
In the last week of August, the company secured a $5.2M capital raise.
Besides its recent news of participation at the H.C. Wainwright 22nd Annual Global Investment Conference, the company participated in The LD500 wherein it indicated its rich pipeline of trait genes in development:
Looking at the broader market, Yield10 has an compelling market opportunity as a latest UN IPCC report states, “The impacts of climate change on land will raise food prices and risk widespread food instability, but there are solutions.”
https://seekingalpha.com/news/3613066-yield10-bioscience-pops-54-initiated-buy-hc-wainwright
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