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Why Is Everyone Talking About Ocugen Stock?

TheMotleyFool

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Why Is Everyone Talking About Ocugen Stock?Photo, wide shot, wide-angle lens, Mental health care service, Midday, harsh overhead sunlight, directional sunlightt, photo by Art Wolfe: https://img.midjourneyapi.xyz/temp/7ce3b930-5e2a-4215-b686-0ad0eb0b922a.png

On Dec. 1, 2020, Ocugen (NASDAQ: OCGN) had a market cap of just over $55 million. It was a minnow in the biotech world that few investors would have been paying attention to. Today, it's worth more than $1.5 billion and has been soaring in popularity. The company is often found on the popular WallStreetBets Reddit forum.

What's gotten investors so excited about a company that makes next to no revenue? Below, I'll look at what's behind the company's soaring popularity and whether you should hop on the bandwagon.

Image source: Getty Images.

Source Fool.com

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