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Here's Why Adaptimmune Therapeutics Is Rocketing Higher Today

TheMotleyFool

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Here's Why Adaptimmune Therapeutics Is Rocketing Higher TodayPhoto, wide shot, wide-angle lens, Pharmaceutical company, Midday, harsh overhead sunlight, directional sunlightt, photo by Art Wolfe: https://img.midjourneyapi.xyz/temp/7ae4a134-dd01-4c80-a621-18399f5a2541.png

Shares of Adaptimmune Therapeutics (NASDAQ: ADAP), a clinical-stage biotech focused on oncology, are rocketing higher in response to updated trial data. Investors impressed with the results have pushed the stock 139% higher as of 1:36 p.m. EDT on Friday.

Earlier this year, Adaptimmune Therapeutics stock exploded higher after the company reported four partial responses to its experimental T-cells therapies, two of which hadn't been confirmed at the time. Today's update suggests those early signs of success really were pointing in the right direction.

Image source: Getty Images.

Source Fool.com

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