MedWatch

Equity trader on Orphazyme surprise: "It's a bit like Gamestop all over again"

Orphazyme's share price has taken a wild ride over the past day – both in the US and Denmark. According to Mads Zink, head of Danish Cash Equities at Danske Bank, a Gamestop effect is happening.

Photo: Jens Dresling

Orphazyme trended on social media in the US on Thursday as its share price rocketed for no clear reason.

The biotech company has also attracted attention in Denmark, where the share price rose by 40 percent up to DKK 47.6 on Friday – a significant increase, but far less than the rise in the US.

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