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Stock impact report

This Penny Stock Just Jumped 750%. Can It Retain These Gains for the Long Term? [Yahoo! Finance]

Galecto, Inc. (GLTO) 
Company Research Source: Yahoo! Finance
The massive surge in trading volume resembles a meme stock rally given GLTO didn't post a new press release or regulatory filing, neither did it receive bullish analyst coverage today. More News from Barchart This Crypto and AI Stock Just Got a Massive New Street-High Price Target That Implies Shares Could Double in the Next Year If You Love Dividends, Here Are 3 High-Yield Stocks to Buy Now AMD Is Soaring on an OpenAI Deal. Is AMD Stock a Better Buy Than Nvidia Here? Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. While GLTO stock has pulled back rather significantly in recent hours, at one point on Oct. 7, it was seen trading 1,500% above its year-to-date low. www.barchart.com Galecto Stock Could Reverse These Gains Just as Quickly Galecto's cosmic run has pushed its valuation into speculative territory, with shares now up more than 750% from their April lows. Show less Read more
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