CRISPR stocks continue ascent on Intellia data: Data Byte
Editas, CRISPR Therapeutics follow Intellia higher after breakthrough data
Stocks of the three publicly traded CRISPR therapeutics companies with access to the technology’s foundational IP continued their rise throughout the week following the first clinical data for a systemically delivered CRISPR therapy from Intellia on Saturday.
Shares of Intellia Therapeutics Inc. (NASDAQ:NTLA), which gained about $3 billion in market cap on Monday, finished the week up $74.88 (84%) to $163.71, representing a gain of over $5 billion in market cap since last Friday. The company, which now has a market cap of more than $11 billion, followed the data by raising a $690 million follow-on, the largest such offering so far this year on NASDAQ...