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Marker Therapeutics Stock Surges After Insider Buying

Sam Boughedda trader
Updated 19 Mar 2021

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Marker Therapeutics

Shares of Marker Therapeutics (NASDAQ: MRKR) are surging premarket on Friday after the company revealed in regulatory filings that several insiders at the company purchased shares.

CEO Peter Hoang bought $250k worth of shares while Chief Development Officer Juan Vera purchased $1 million worth of stock.

Board members John Robert Wilson and Steven Elms jointly purchased $5 million worth of stock in total.

Nasdaq: MRKR TipRanks Rating
Source: TipRanks.com

On Thursday evening, the company was also given an overweight rating by Cantor Fitzgerald, with a price target of $6 per share, representing a 233.33% increase on Thursday’s closing price of $1.81.

Premarket, Marker Therapeutics share price is up 24.44% at $2.24.

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Sam is a trader and lead stock market writer at AskTraders. After starting his career in the forex market, Sam now focuses on stocks, specifically consumer staples.Â