BNGO - Bionano Genomics shares hit all-time high spiking nearly 23%

Shares of Bionano Genomics (BNGO) have hit an all-time high this afternoon, breaking the $14 barrier for the first time.In the past 30 days, shares have more than doubled, up 106%.Today alone, shares are up 22.8% to $14.37 in afternoon trading.An article published in InvestorPlace this morning talked about the importance of the company's Saphyr genome-imaging system."Researchers are using the Saphyr system to increase their understanding of the genome structures that make certain tumors so aggressive," the article says. "By conducting such a study, researchers will be able to develop targeted therapies, better classify cancer subtypes, and make existing cancer treatments more efficient."In January, Bionano shares skyrocketed following publication of a study that showed optical genomic mapping with Saphyr identified structural variants that affect genes in pathways that control immune and inflammatory response, viral reproduction and mucosal function, which could provide insights into the pathogenesis of COVID-19.Earlier this week, the company reported that Toronto's

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Bionano Genomics shares hit all-time high, spiking nearly 23%