Motley Fool
Why Ocugen Stock Is Falling Today
Shares of Ocugen (NASDAQ: OCGN) are giving up ground in Wednesday’s trading. The biotech stock was down roughly 12% in the daily session as of 11 a.m. EDT. The World Health Organization (WHO) granted Emergency Use Listing (EUL) for Bharat Biotech and Ocugen’s Covaxin COVID-19 vaccine today — a development that had been viewed as a potentially major bullish catalyst for Ocugen stock.
