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Why Is Palisade Bio (PALI) Stock Up 130% Today?

$Palisade Bio(PALI.US)$ stock is surging in today’s session, more than doubling at the time of this writing.
This move follows a fast-track designation from the U.S. Food and Drug Administration (FDA).
Investors are now pricing in a greater probability of success for Palisade’s core drug.
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