Longeveron(LGVN) Investor Place·2024-06-13 12:15Core Insights - Longeveron (NASDAQ:LGVN) stock is experiencing a significant rally due to positive trial news from the ongoing Phase 2 trial of Lomocel-B, a treatment for hypoplastic left heart syndrome (HLHS) [1][2][4] Group 1: Trial Progress and Investor Sentiment - The Phase 2 trial of Lomocel-B is ongoing, with a positive investigator meeting, indicating strong demand for the product as HLHS is often fatal and requires multiple surgeries [2] - Following the initial announcement of the investigator data, LGVN stock surged by 120.7%, with heavy trading volume of approximately 65.3 million shares, significantly above the daily average of 3.3 million shares [3][4] Group 2: Stock Performance - As of Thursday morning, LGVN stock is up 45.9%, with over 17.5 million shares traded, suggesting potential for continued upward momentum throughout the trading day [5]