Allarity Therapeutics Shares Surge 12.82% on Anti-Short Selling Measures

Allarity Therapeutics, Inc. (ALLR) shares surged 12.82% in pre-market trading on April 10, 2025, marking a significant rise in investor interest and confidence in the company's prospects.

Allarity Therapeutics has recently taken proactive measures to address potential illegal naked short selling of its shares. This initiative aims to protect shareholders and ensure fair market practices, which has likely contributed to the recent surge in stock price.

The company's efforts to combat illegal trading activities demonstrate its commitment to maintaining transparency and integrity in its operations. This move is expected to bolster investor trust and potentially attract more investment in the future.