Danish meme stock soars again after Goldman Sachs briefly builds stake
The American depositary shares soared as much as 57% on Wednesday, while the Danish shares rose 45%
The moves followed an announcement by the company that Goldman Sachs Group Inc. had briefly built, then sold a stake
Shares in Orphazyme A/S soared after trading started in the U.S., indicating that interest in Denmark’s first meme stock is alive and well despite the biotech firm’s failure to win regulatory approval for a key treatment.
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