Mangoceuticals Shares Rise 22%, Company Acquires Mushroom-Based Wellness and Innovations Patent

Dow Jones

2024-12-20

By Stephen Nakrosis

Shares of Mangoceuticals were trading higher in the after-hours market following news the company acquired a patent for mushroom-derived compositions and methods of treatment.

After the bell, the company's shares were trading 22% higher at $3.06. The stock lost under 1% in Thursday's regular session, closing at $2.44.

Mangoceuticals, which develops men's health and wellness products, said it plans to leverage this patent to research and develop a new line of wellness products.

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

December 19, 2024 18:31 ET (23:31 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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