CytRx Corporation (CYTR) Stock: Gains On Coming Annual Meeting

CytRx Corporation (NASDAQ: CYTR) is off to a relatively strong day in the market today after announcing a coming annual meeting. This led to excitement among investors, pushing the value of the stock upward and prompting our partners at Trade Ideas to send the alert. At the moment (2:56), CYTR is trading at $0.54 per share after a gain of $0.02 per share or 4.14% thus far today.

CYTR Announces Coming Annual Meeting

As mentioned above, CytRx is having an incredibly strong day in the market today after releasing an SEC filing informing investors of a coming annual meeting. The company has invited investors to the 2017 Annual Meeting of Stockholders of CytRx Corporation. The meeting will be held on Wednesday, July 12, 2017 at 10:00 A.M. At the Hotel Bel Air in Los Angeles California. For complete details, see the filing here.

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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 CYTR. In particular, we’re interested in seeing the result of this annual meeting. We’re also interested in the coming data presentation that will take place between June 2nd and June 6th. Nonetheless, we’ll continue to follow the story closely and bring the news to you as it breaks!

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