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Why BioLife Solutions Stock Rose ~49% Last Week

Why BioLife Solutions Stock Rose ~49% Last Week

On July 6, BioLife Solutions (BLFS) stock closed at $17.02, ~508% higher than its 52-week low of $2.80 on July 7, 2017. After BioLife’s July 2 announcement of its Q2 2018 results, its stock rose ~31.38% to $14.99 from $11.41 the day before. On July 3, the stock rose ~11.41% to close at $16.70. Last Friday, BioLife stock rose ~49% week-over-week to $17.02 from $11.41.