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Stock news
Shares of Ocugen (NASDAQ: OCGN) were sinking 6.8% lower as of 11:05 a.m. EST on Tuesday after falling as much as 15.3% earlier in the day. The decline came after the biopharmaceutical company announced that it was canceling its stockholder meeting scheduled for Jan. 13. While the cancellation of a stockholder meeting appears to have rattled some investors, it really isn't a big deal -- at least on the surface.
MALVERN, Pa., Jan. 12, 2021 (GLOBE NEWSWIRE) -- Ocugen, Inc. (NASDAQ: OCGN), a biopharmaceutical company focused on discovering, developing, and commercializing gene therapies to cure blindness diseases and developing a vaccine to fight COVID-19, today announced it has determined to withdraw from stockholder consideration Item 2 set forth in its Definitive Proxy Statement filed with the Securities and Exchange Commission on October 30, 2020, with respect to an increase in the number of shares of...
MALVERN, Pa., Jan. 08, 2021 (GLOBE NEWSWIRE) -- Ocugen, Inc. (NASDAQ: OCGN), a biopharmaceutical company focused on discovering, developing, and commercializing gene therapies to cure blindness diseases and developing a vaccine to fight COVID-19, today received formal notification from The Nasdaq Stock Market LLC ("Nasdaq") that the Company has regained compliance with Listing Rule 5550(a)(2). Previously, on December 27, 2019, Nasdaq had notified the Company that its common stock failed to main...
MALVERN, Pa., Jan. 08, 2021 (GLOBE NEWSWIRE) -- Ocugen, Inc. (NASDAQ: OCGN), a biopharmaceutical company focused on discovering, developing, and commercializing gene therapies to cure blindness diseases and develop a vaccine to fight COVID-19, today announced that it will present at the 2021 CTIC 5th Healthcare Investment Summit being held on January 9-10, the H.C. Wainwright BioConnect Conference being held on January 11-14, and the Noble Capital Markets 17th Annual Small and Microcap Investor ...
What happened Shares of Ocugen (NASDAQ: OCGN) were skyrocketing 64.2% higher as of 11:35 a.m. EST on Monday. The huge gain came after the company's partner, Bharat Biotech, received emergency use authorization (EUA) in India for COVID-19 vaccine Covaxin.
Investors are right to wonder if this risky biotech has what it takes to develop a new coronavirus vaccine.