Athersys (ATHX) Stock: Gaining On Funding

What We’re Seeing From ATHX

As investors, one of the first things that we learn is that the news moves the market. In particular, news surrounding capital being raised can have a positive affect on stocks, and that’s exactly what we’re seeing from Athersys today. Of course, our partners at Trade Ideas were the first to alert us to the gains. Currently (8:45), ATHX is trading at $1.88 per share after a gain of $0.12 per share or 6.82% thus far today.

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What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will continue to keep a close eye on ATHX. In particular, we’re interested in following the story surrounding the company’s continued work on its impressive pipeline, work which this access to funds will help to ensure is completed. Nonetheless, we’ll continue to follow the story closely and bring the news to you as it breaks!

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