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home / news releases / BTX - Is Brooklyn ImmunoTherapeutics the next GameStop?


BTX - Is Brooklyn ImmunoTherapeutics the next GameStop?

One of the best performing stocks in April was Brooklyn ImmunoTherapuetics (BTX), which only began trading in late March.Shares have risen more than 1200% in the last month.Brooklyn was formed through a reverse merger with the trivia apps company NTN Buzztime.In April, Brooklyn's biggest announcement was its acquisition of an exclusive license for mRNA gene editing and cell therapies technology.However, given the sudden rise in share price on little news or other catalysts, some are saying that Brooklyn is the target of a short squeeze play.Users on the Wall Street Bets Reddit channel, the same group behind GameStop's spectacular rise earlier this year, have said for some time they have wanted to target biotech stocks as potential short squeeze plays.Joshua Rodriguez of CNA Finance noted last month that before it became Brooklyn Immunotherapeutics, NTN Buzztime was heavily shorted and after the merger, the public float was only 1.12M shares.The company's

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Is Brooklyn ImmunoTherapeutics the next GameStop?
Stock Information

Company Name: Brooklyn ImmunoTherapeutics Inc.
Stock Symbol: BTX
Market: NYSE
Website: biotimeinc.com

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