Is Molecular Data (MKD) Ready To Hit New Highs This Month?

The beginning of a new trading week generally calls for having a look at certain stocks that might have recorded notable gains on Friday. One of the stocks that could be worth watching in that regard is that of Molecular Data Inc (NASDAQ: MKD).

On Friday, the stock went up by 17% to continue its winning streak that has stretched over the past three weeks. In the past three weeks, the Molecular Data stock rose by an impressive 90%. Although there was no news regarding the company last week, it might be worthwhile to point out that back in December 2020, the company had made a key appointment. The tech platform which is involved in the Chinese chemical industry announced the appointment of Steven Foo as its new chief financial officer.

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The appointment was made after Zhaohong Li had resigned from his position citing personal reasons. It could be worthwhile for investors to keep an eye on the news with regards to Molecular Data over the coming days.

Asan Abdiev

CEO and Editor in Chief. Living in the era of dynamic tech change Asan decided to stay tuned in changes that make any person find comfort and adapt to new devices. Furthermore, gaming became his passion for spending leisure time with his close ones. Although, he has a degree in Business Administration (majoring Finance) writing for technology and as well as finance has been one of the precious aspects of his life