What's Going On With Conduit Pharmaceuticals Stock Today?

Conduit Pharmaceuticals Inc. CPT shares are trading higher Wednesday, though the stock is down more than 50% over the month.

What To Know:

On Septemebr 25, Conduit Pharmaceuticals Ltd. and Murphy Canyon Acquisition Corporation completed their business combination and began trading under the symbol CPT.

Shares of Conduit Pharmaceuticals are up on heavy trading volume Wednesday. According to data from Benzinga Pro, more than 3.16 million shares have been traded in the session, compared to the stock's 100-day average of 85.497 thousand shares.

Shares of CPT are among the top trending tickers listed on Yahoo! Finance. 

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CPT Price Action: According to Benzinga Pro, Conduit Pharmaceuticals shares are up 16% at $5.61 at the time of publication.

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