AERC - AeroClean stock jumps 28% up 575% since FDA approval for air purification tech
AeroClean Technologies (AERC) stock continued its post-FDA approval rally on Monday, with shares shooting up 28% in midday trading. Shares of the air purification systems developer opened at $11.70, dipping to a low of $11.44 in early trading before jumping to a high of $18.15 in late morning. The stock recently changed hands at $16, up 28%, at approximately 12:00 p.m. ET. AeroClean (AERC) shares have been on a roll since the company announced on June 6 that it had received FDA clearance for its Purgo air sanitization technology, which it says can eliminate 99.99% of airborne microbes, including the virus that causes COVID-19. As of midday Monday, AeroClean (AERC) shares have rocketed 575% since market close on June 3, the last session before it announced the FDA approval. AeroClean (AERC) held an initial public offering on Nov. 24 , raising $25M. The shares rocketed to close nearly 700% higher following their
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AeroClean stock jumps 28%, up 575% since FDA approval for air purification tech