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Progenity’s stock is up 4.9% after securing four patents for ingestible technologies

Shares of Progenity Inc.
PROG,
-0.90%

gained 4.9% in trading on Wednesday after the company said it received four patents from the U.S. Patent and Trademark Office related to its ingestible technologies that can be used to deliver medicine to the gastrointestinal tract. Progenity’s stock has tumbled 56.0% so far this year, while the S&P 500
SPX,
+0.00%

is up 15.8%.

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