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Is that why Ocugen, Inc (OCGN) spiked in the premarket session?

GILD Stock

GILD Stock

Ocugen, Inc (OCGN)stock surged dramatically 120.77% in the premarket today, despite no news or press releases from the biotechgiant. So what do you need to know? And why is OCGNstock trending higher today?

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The only news affecting OCGN stock was revealed on December 23, 2020, that it appointed a vaccine scientific advisory board comprised of experts from academia and industry to review the clinical and regulatory aspects of the development and registration of COVAXIN for the US market, a whole-virion vaccine candidate co-developed by Ocugen and Bharat Biotech.

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Although, keep an eye on the news. Maybe another stock-boosting story will be swimming our way soon.