5 Best Affordable Stocks to Buy Under $5

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In this article, we discuss 5 best affordable stocks to buy under $5. If you want to see more stocks in this selection, check out 12 Best Affordable Stocks to Buy Under $5

5. EQRx, Inc. (NASDAQ:EQRX

Share Price as of December 17: $2.1800
Number of Hedge Fund Holders: 25

EQRx, Inc. (NASDAQ:EQRX), a pharmaceutical company based in the United States, produces medications primarily for treating cancer and immune-inflammatory diseases. It is dedicated to researching and providing novel medications to patients at significantly reduced costs.

The company made remarkable progress with launching its Phase 3b, US-led comparative research with aumolertinib, and accepting EQRx’s first submission by a global regulatory agency. In addition, the business disclosed critical clinical data that supported the strength and quality of its key cancer projects. The EQRx, Inc. (NASDAQ:EQRX) team is focused on moving these efforts closer to regulatory approval, establishing its Global Buyers Club, and maintaining its solid financial position. In terms of liquidity, the business reported $1.5 billion in cash equivalents, cash, and short-term investments as of September 30. It forecasted its cash runway beyond 2028, up from the previous guidance of 2025.

Follow Eqrx Inc.


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