India, Oct. 13 -- Pinnacle Food Group Limited (PFAI) is up 93.21 percent, gaining $2.43 to $5.04 on Tuesday. The surge follows the company's announcement that its wholly owned subsidiary, Pinnacle Food AgTech HK Limited, completed the first bench-scale fermentation of its first-generation recombinant human lactoferrin yeast strain in a 5-liter fermenter, with laboratory analyses confirming rhLF expression.
Pinnacle Food is currently trading at $5.04, up from the previous close of $2.61 after opening at $5.95 on the Nasdaq. The stock has traded between $3.97 and $6.01 during the session. Trading volume has surged to 29.15 million shares, compared with an average volume of about 506,000 shares.
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