Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
An investment in Ocugen Inc (NASDAQ:OCGN) one year ago is undoubtedly a sight for sore eyes.
Since January 2021, Ocugen stock's year-to-date return has outperformed a number of the world’s most popular companies: AMC Entertainment Holdings Inc (NYSE:AMC), Snap Inc (NYSE:SNAP), Apple Inc (NASDAQ:AAPL) and Tesla Inc (NASDAQ:TSLA)
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Ocugen is a clinical-stage biopharmaceutical company focused on developing gene therapies to cure diseases that cause blindness. Ocugen’s pipeline offers a diversified ophthalmology portfolio including novel gene therapies, biologics and small molecules, and targets a broad range of high-need retinal and ocular surface diseases.
Ocugen also has a strategic partnership with Bharat Biotech for the commercialization of COVAXIN in the U.S. market. The company is headquartered in Malvern, Pennsylvania.
According to data from Benzinga Pro, Ocugen has a total share float of 193.50 million, of which 54.18 million shares are sold short, representing 27.94% of shares sold short.
Here's how the returns break down from September 2020 to present:
- Apple is up from $112.82 a share to $154.30 for a return of 36.77%
- Tesla is up from $330.21 a share to $733.57 for a return of 122.15%
- Snap is up from $22.69 a share to $75.08 for a return of 230.89%
- AMC is up from $6.42 a share to $44.02 for a return of 585.67%
- And finally, Ocugen is up from $0.33 a share to $7.43 for a return of 2,151.52%
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.