GLTO, MOVE: two penny stocks quadrupled today – but should you buy?

Core Insights - Two US biotech and medtech companies, Galecto Inc and Movano Inc, experienced significant stock price increases, each rising approximately 300% [1] Company Summaries - Galecto Inc (NASDAQ: GLTO) and Movano Inc (NASDAQ: MOVE) are relatively obscure names in the biotech and medtech sectors [1] - The explosive rallies in their stock prices have caught the attention of the market, indicating potential investor interest and market volatility [1]