Dynatronics (DYNT) Stock Soars On COVID-19 Tweet

Dynatronics Corporation DYNT Stock News

Dynatronics Corporation (NASDAQ: DYNT) is screaming for the top in the market this morning, trading on gains well over 24%. While the company hasn’t issued any press releases or filed anything with the SEC, it did publish a post on Twitter, or as many call it, a tweet. Here’s what’s going on:

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DYNT Stock Pops On Tweet About Coronavirus

As the Wuhan coronavirus, or COVID-19 continues to spread around the world, any product having to do with avoiding getting sick seems to be a hot topic. Dynatronics seems to know this and plans to take advantage of it. This is clear by a tweet published by the company yesterday. Here’s the tweet:

As you can see, in the tweet, the company outlined the fact that its Protex Spray and Protex Ultra Wipes products have demonstrated effectiveness against viruses that are simlar to COVID-19. This was a strong statement made by DYNT.

After all, if these products demonstrate effectiveness against similar viruses, they likely will work great to combat the Wuhan coronavirus.

What’s So Exciting About The Tweet?

Ultimately, the excitement comes from the fact that DYNT has two products that may be effective in preventing the Wuhan coronavirus. That’s a big deal as the coronavirus is quickly becoming a major issue.

To date, around 90,000 people have contracted the virus. Unfortunately the end result in more than 3,000 of these patients was death. If this trend continues, the virus has a mortality rate of more than 3%, and that’s a big issue.

Considering the high mortality rate, consumers are looking for ways to protect themselves from contracting the virus. That’s why we’ve seen sales skyrocket for Alpha Pro Tech (NYSEAMERICAN: APT) face masks and why China Pharmaceutical Holdings (NASDAQ: CPHI) saw a dramatic rise in value after announcing the launch of a new sanitizer.

Let’s face it, no one wants to be sick. Moreover, no one wants to have anything to do with COVID-19. With this highly contageous virus spreading around the world at a rapid rate, Dynatronics is in the right place at the right time with its Protex brand of disinfectants.

All in all, the company can be expected to see dramatic gains in demand, which will ultimately lead to a strong increase in revenue. As such, investors are seeing an opportunity in DYNT stock.

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