Late stage biotech firm CytoDyn Inc (OTCMKTS:CYDY) came back to life on the markets on Monday and its stock ended up as one of the notable gainers, as it soared by as much as 22%.
The rally in the stock came about after the company made a key announcement with regards to a presentation that is going to be made by the top executives at CytoDyn on Wednesday, September 15, 2021. The company revealed that President and Chief Executive Officer of CytoDyn, Nader Pourhassan and Scott Kelly, the Head of Business Development, Chairman and Chief Medical Officer, are going to be involved in making a presentation at the Emerging Growth Conference.
During the course of the presentation that is going to last for a duration of 20 minutes, the two executives are going to provide an in depth business update. However, that is not all. After the completion of the presentation, there is going to be a live question and answer round that is going to last for 40 minutes. Hence, it is likely that investors are going to keep a close eye on the proceedings tomorrow and look for information that might have an effect on the CytoDyn stock.
