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Meet the Biotech Stock That Rocketed 775% Higher


If you're looking for stocks that can make dramatic movements in a short time frame, the biotechnology space has what you crave. At the end of June, ProKidney (NASDAQ: PROK) stock was languishing at less than $1 per share. When the market closed on July 10, the stock was trading at $5.18 per share. That's a 775% gain in 10 short days.

ProKidney stock has declined somewhat from the peak it reached on July 10, but it's still way up. Here's a look at the encouraging news that drove the stock through the roof, and a glance at if it's a smart buy now.

Image source: Getty Images.

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Source Fool.com

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