It’s important to note whenever one of your current or prospective portfolio holdings is participating in major investor conferences. For one, the increased awareness garnered by these conferences can move stock prices. Secondly, the companies participating usually have one of their top executives giving an overview of their company and what’s to come. On Friday, one biotech stock served as a case in point.
Intec Pharma Ltd. just participated in Friday’s BioCentury 24th Annual NewsMakers in the Biotech Industry Conference at the Millennium Broadway Hotel & Conference Center in New York City. Intec Chairman John Kozarich, PhD, was present at 10:30 a.m. EST, and so far shares are up over 4% for the day.