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Why Progenity Stock Is Up More Than 34% Tuesday

Why Progenity Stock Is Up More Than 34% Tuesday

Shares of Progenity (NASDAQ: PROG) were up more than 34% on Tuesday. At the time of its initial public offering in 2020, the biotech company went for $13 a share, and the stock has been highly volatile because it is a retail investor favorite. It is the second time in less than a month that Progenity has taken off on a short-squeeze-fueled frenzy.