Why Tempus Ai Stock Is Skyrocketing Today
Tempus Ai (NASDAQ: TEM) stock is seeing an explosive valuation surge in Tuesday's trading thanks to a pair of catalysts. The healthcare software company's share price was up 35.8% as of 3:15 p.m. ET, and had been up as much as 41.8% earlier in the day.
In a recently published disclosure filing, Congresswoman Nancy Pelosi showed that she had purchased call options for Tempus Ai stock. The healthcare artificial intelligence (AI) company's share price is also getting a boost from a press release announcing the company's new software platform.
As a member of Congress, Nancy Pelosi is required to submit filings that disclose her and her husband's stock sales and purchases. Along those lines, the former House speaker's most recent disclosure showed that she had purchased 50 call options for Tempus Ai stock. These options had a strike price of $20 per share, and the overall trade had a value between $50,000 and $100,000.
Source Fool.com
