Why Sagimet Biosciences Stock Is Soaring Today
Investors had every reason to be suspicious of today’s news from Sagimet Biosciences (NASDAQ: SGMT) It would arrive sooner or later. However, seeing the official announcement has been clearly inspiring. As of 11:40 a.m. ET on Monday, SGMT shares were up a hefty 45.2%, hitting a high last seen in November. The news? Following a…