This Biotech Soared On Key Announcement

This Biotech Soared On Key Announcement

By: Tomas Ronolski - AllPennyStocks.com News

Wednesday, February 26, 2025

A Florida-based biotech found a tremendous amount of success on Wednesday after it was announced that its non-hallucinogenic psychedelic compounds showed promise for treating addiction and ADHD, according to a press release.

Traders wasted no time buying up shares of Enveric Biosciences Inc. (Nasdaq:ENVB) following the news, pushing the micro cap up to $4.50/share (+281.36%) at the early session high. This move was the first sign of life from this stock since the gap down earlier this year.

Enveric Biosciences Inc is a patient-centric biotechnology company focused on developing new-generation, naturally occurring chemical compounds, such as cannabinoids to improve the lives of those who are adversely affected by the side effects of cancer treatments. Its product in the pipeline includes Glioblastoma Multiforme (GBM); Radiation Dermatitis and Chemotherapy-Induced Peripheral Neuropathy (CIPN).

Copyright © 2025 AllPennyStocks.com. All rights reserved. Republication or redistribution of AllPennyStocks.com's content is expressly prohibited without the prior written consent of AllPennyStocks.com. AllPennyStocks.com shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Other Penny Stock Movers

Strategic Investment In AI Company Leads To Share Price Rally For This Micro Cap

Read More

This Biotech Soared On Key Announcement

Read More

This Micro Cap Soared Following AI Integration Announcement

Read More

Most Popular

1

Strategic Investment In AI Company Leads To Share Price Rally For This Micro Cap

2

Strong Assay Results Sent Shares Of This Junior Miner Soaring Over 150% On The Day

3

This Biotech Soared On Key Announcement

4

Quebec Premier François Legault announces public inquiry into auto board scandal

5

This Small Cap Soared Following Subsidiary Sale Announcement Worth $160M

6

U.S. plans to nearly triple anti-dumping duty rates against Canadian softwood lumber

AllPennyStocks.com Favorites

1

Where We See These Key Assets Going Amid Broader Turbulence

Enable Free Access to Unlock Up to Two Articles Per Month.

2

A Breakout Opportunity in the Healthcare Sector?

Enable Free Access to Unlock Up to Two Articles Per Month.

3

Angkor Resources Corp. was a technical “one to watch” on Monday. Shares moved 12.00%, settling at $0.14 as the stock provided technicians with a Golden Cross (50 DMA / 200 DMA) technical signal.

4

Nasdaq traded, Primech Holdings Ltd. might be ready to move higher after Monday's trading session. The technical chart is currently displaying a Bullish Moving Average Crossover (20 DMA / 100 DMA) which should be monitored for its impressive predictive capabilities.

5

San Lorenzo Gold Corp. was an impressive gainer on the TSX-Venture on Monday. Shares climbed 178.57%, settling at $0.195.

6

Nasdaq traded, Bit Origin Limited took off in Monday's trading session. Shares climbed an impressive 75.44%, ending the day at $0.32.

7

A Lithium Breakthrough in the U.S. Could Change Everything

Enable Free Access to Unlock Up to Two Articles Per Month.

8

Junior Miner Looks Set For A Technical Breakout

Enable Free Access to Unlock Up to Two Articles Per Month.

Back to Top

Site Links:

Premium Services / Email Newsletter:

Social Media:

RSS Feed:

Partners:

BullishInvestor.com

© Copyright 2025 AllPennyStocks.com Media Inc. All rights reserved. Nasdaq Stocks: Information delayed 15 minutes. Non-Nasdaq Stocks: Information delayed 20 minutes.
Bid and Ask quotation information for NYSE and AMEX securities is only available on a real time basis. Data is provided by QuoteMedia.com.

© Copyright 1999 – 2025. AllPennyStocks.com Media Inc.
All rights reserved.