Galmed Pharmaceuticals Surges 400%: What’s Behind the Explosion?
Galmed Pharmaceuticals NASDAQ: GLMD, a little-known biotech stock, has become the center of attention as its shares have skyrocketed close to 400%. By 2 pm, the stock had traded over 80 million shares, a monumental leap from its average daily volume of just 75,000. The sudden surge begs the question: What’s driving this small-cap biotech…