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There must be a reason why PolarityTE, Inc. (Nasdaq: PTE), shares rose above the expectation today

ASTR Stock

ASTR Stock

PolarityTE, Inc. (Nasdaq: PTE), the stock surged in the pre-market session as it jumped 31.06% to $1.73.There is a reason for this stock’s rapid rise today, as we revealed last week that a biotechnology company specializing in the development of regenerative tissue products and biomaterials will participate in the H.C. Wainwright Virtual Bioconnect Conference, taking place on January 11, 2021.

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A webcast of the presentation will be available today beginning at 6:00 a.m. Eastern Time and can be accessed in the “News & Media/Events” section of PolarityTE’s website at www.polarityte.com/news-media/events.

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It seems the company’s participation in the conference today is motivating investors to push the stock higher this morning.