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Why Is NLS Pharmaceutics (NLSP) Stock Down 23% Today?
NLS Pharmaceutics .NLS Pharmaceutics .(US:NLSP) Investor Place·2024-06-20 12:38

Group 1 - NLS Pharmaceutics (NASDAQ:NLSP) stock experienced a significant rally of 82.1% on Tuesday, with over 302 million shares traded, compared to its daily average of 6.5 million shares [1][2] - The rally occurred without any clear news from the company, indicating that speculative trading may have driven the price increase, particularly as NLSP is classified as a penny stock, making it susceptible to manipulation [2] - As of Thursday morning, NLSP stock is down 22.6%, and it has decreased by 54.2% since the beginning of the year [3]