Home Equities Score Lexaria Bioscience Corp (LEXX) stock ended the week with a loss in...

Lexaria Bioscience Corp (LEXX) stock ended the week with a loss in the after-market session

Lexaria Bioscience Corp. (LEXX) plunged 7.99% at $5.76 in after-market trading hours on Friday, May 7, 2021. The stock of LEXX gained 1.95% to complete the last trading session at $6.26. The price range of the company’s shares was between $5.51 and $6.99. LEXX’s shares have gained  23.72% in the last five days, while they have added 12.79% in the last month.

Get the hottest stocks to trade every day before the market opens 100% ‎free. Click here now. 

Participation in the upcoming conference

On May 7, 2021, Lexaria Bioscience Corp said that CEO Chris Bunka will present the company at the Benzinga Global Small-Cap Conference to be held on May 13-14, 2021.

5 Stocks Under $10 That Are Poised to Take Off

Investing in stocks under $10 could significantly increase the returns on your portfolio, especially if you pick the right stocks! Within this report you will find 5 top stocks that offer investors huge upside potential and the best bang for their buck.

Add them to your watchlist before they take off!

Get the Top 5 Stocks Now!

Sponsored

Read More

Presentation date: Thursday, May 13, 2021. Presentation time: 3:50 p.m. ET / 12:50 p.m. PT.

Mr. Bunka will provide an overview ofDehydraTECH™ drug delivery technology. He will also discuss Lexaria’s applied R&D programs that are evaluating the delivery effectiveness of DehydraTECH-processed cannabidiol (CBD) for hypertension.

HYPER-A21-1 successful results from First 2021 study

On May 6, 2021, Lexaria Bioscience Corp. announced successful outcomes in its first sets of data from its 2021 applied research and development (R&D) study programs.

HYPER-A21-1 included three new “DehydraTECH 2.0” formulation. All three new DehydraTECH 2.0 formulations delivered improved performance when compared to both Lexaria’s original DehdyraTECH 1.0 and 2.0 concentration-matched formulations, as well as to a medium-chain triglyceride oil-based control formulation

Commencing of human clinical hypertension study

On April 22, 2021, Lexaria Bioscience Corporation commenced its human clinical hypertension study HYPER-H21-1, involving 24 human volunteers with symptoms of either pre-hypertension or mild hypertension. Lexaria’s patented DehydraTECH CBD formulation will be examined to assess its ability to control blood pressure and assess its impact on inflammation.

A single 300mg dose of an advanced DehydraTECHTM 2.0 CBD formulation will be evaluated relative to a concentration-matched control without Lexaria’sDehydraTECH enhancements.

New chief financial officer appointment and Issuing of consultant warrants

On April 15, 2021, Lexaria Bioscience Corp. appointed a new Chief Financial Officer and issued share purchase warrants to third-party consultants.

Gregory Downey will be assuming the role of Chief Financial Officer of the Company from April 15, 2021. Mr. Downey has been engaged by the Company as its Controller and has intimate knowledge regarding the Company’s business and finances for the past two years.

The company also issued share purchase warrants up to an aggregate of 300,000 common shares to three unrelated third-party consultants. The Warrants are for three years ending on April 16, 2024, at an exercise price of US$9.00 per share.

Get the hottest stocks to trade every day before the market opens 100% ‎free. Click here now. 

Conclusion

Well, there is no such recent news which we may connect with its loss on Friday. there were some recent developments, which we have discussed but all of them are positive and should not be the reason behind its loss on Friday.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Must Read

Biocept Inc. (BIOC) stock surged during current market trading. Why is it so?

Biocept Inc. (NASDAQ: BIOC) stock gained by 3.13% in the current market trading. Biocept creates and sells molecular diagnostic tests that offer doctors with...

Comstock Mining Inc. (LODE) stock soar during pre-market trading. What’s happening?

Comstock Mining Inc. (NASDAQ: LODE) stock gained by 1.14% at last close while the LODE stock price surged by 3.10% in the pre-market trading...

Why MediciNova Inc (MNOV) stock facing negativity since Monday’s after-hours?

MediciNova Inc. (MNOV) shares lost 5.71% in after-hours on Monday, June 21, 2021, and the plummeting continues in the pre-market session on Tuesday as...

Here is why Sanderson Farms Inc. (SAFM) stock rallied on Monday?

Sanderson Farms Inc. (SAFM) shares surged 10.16% in after-hours on Monday, June 21, 2021, and close the day at $183.50 per share. Earlier in...

Torchlight Energy Resources Inc. (TRCH) stock surged during current market trading. Here’s to know why?

Torchlight Energy Resources Inc. (NASDAQ: TRCH) stock gained by 41.33% in the current market trading session. Torchlight Energy Resources is a vast growing oil...

Bio-Path Holdings Inc. (BPTH) stock gains during current market trading. Here’s to know why?

Bio-Path Holdings Inc. (NASDAQ: BPTH) stock surged by 8.76% in the current market trading. Bio-Path is a biotech firm working on DNAbilize, a new...

Comstock Mining Inc. (LODE) stock soar during pre-market trading. What’s happening?

Comstock Mining Inc. (NASDAQ: LODE) stock gained by 1.14% at last close while the LODE stock price surged by 3.10% in the pre-market trading...

Vinco Ventures, Inc. (BBIG) stock surged during pre-market trading, given no recent news.

Vinco Ventures, Inc. (NASDAQ: BBIG) stock gained by 11.75% at last close whereas the BBIG surged by 7.38% in the pre-market trading. Vinco Ventures...

Related News

Bio-Path Holdings Inc. (BPTH) stock gains during current market trading. Here’s to know why?

Bio-Path Holdings Inc. (NASDAQ: BPTH) stock surged by 8.76% in the current market trading. Bio-Path is a biotech firm working on DNAbilize, a new...

Vinco Ventures, Inc. (BBIG) stock surged during pre-market trading, given no recent news.

Vinco Ventures, Inc. (NASDAQ: BBIG) stock gained by 11.75% at last close whereas the BBIG surged by 7.38% in the pre-market trading. Vinco Ventures...

Why Support.com Inc. (SPRT) stock faced headwinds on Monday?

Support.com Inc. (SPRT) shares gained 0.28% in after-hours on Monday, June 21, 2021, and closed the day at $3.53 per share. Earlier, in the...

D8 Holdings Corp. (DEH) stock surged in the after-hour trading. What has been happening lately?

D8 Holdings Corp. (NASDAQ: DEH) stock gained by 7.47% in the after-hours trading. D8 Holdings Corp. is a distinctive acquisition firm looking to partner...

Petros Pharmaceuticals Inc. (PTPI) stock soar during after-hour trading, given no current update

Petros Pharmaceuticals Inc. (NASDAQ: PTPI) stock gained by 1.45% at last close while the PTPI stock price surged during after-hours by 18.23% at last...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

We do not sell or share your information with anyone.

Get Notified Of Insider Trades, Analyst Upgrades & Downgrades, Earnings Updates & Best Stocks To Trade Every Single Morning

100% free. stop anytime no spam