Seelos Therapeutics Inc (NASDAQ: SEEL) is flying in the market this morning, and for good reason. The company announced a coming webcast and presentation that excited investors, sending the stock screaming for the top. Today, we’ll talk about:
- The announcement;
- what we’re seeing from SEEL stock as a result; and
- what we’ll be watching for ahead.
SEEL Announces Coming Presentation And Webcast
As mentioned above, Seelos Therapeutics is climbing in the market this morning after announcing plans surrounding a presentation. The news was released via press release early this morning.
In the release, the company reminded investors that it will be presenting at the 39th Annual Cowen Health Care Conference. However, the announcement also let investors know that they can join the SEEL presentation via webcast.
During the presentation, SEEL CEO and founder, Raj Mehra, PhD, will provide a business update. The presentation will take place on March 13, 2019 at 10:00 a.m.
In the release, SEEL also announced that it will be taking part in the 31st Annual ROTH Conference. This conference is scheduled for March 17th through 19th at the Ritz Carlton, Laguna Niguel in Orange County, CA. Dr. Mehra will be part of moderated conversations on Tuesday, March 19th at 12:30 p.t.
What We’re Seeing From The Stock
One of the first lessons that we learn when we start to dive into the market is that the news leads to moves. In the case of Seelos, the news proved to be overwhelmingly positive.
After all, the coming presentaitons will provide investors with valuable insights into developments at the company. Moreover, the company’s management will have the opportunity to mingle and meet with large investors, potential partners, and other industry players.
Considering this, it’s not surprising to see that excited investors are pushing the stock for the top. As is just about always the case, our partners at Trade Ideas were the first to alert us to the gains. Currently (9:03), SEEL is trading at $1.59 per share after a gain of $0.10 per share or 6.71% 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 SEEL. In particular, we’re interested in following the coming presentations as well as the company’s continued work to bring its pipeline assets through development. Nonetheless, we’ll continue to follow the story closely and bring the news to you as it breaks!
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