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Why Praxis Precision Medicines Stock Popped Today

TheMotleyFool

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Why Praxis Precision Medicines Stock Popped Today: https://g.foolcdn.com/editorial/images/848903/doctors-gettyimages-543353618.jpg

Shares of Praxis Precision Medicines (NASDAQ: PRAX) leaped on Monday after the clinical-stage biopharmaceutical company received a Breakthrough Therapy Designation (BTD) for its experimental tremor treatment.

By the close of trading, Praxis' stock price was up more than 13%.

Image source: Getty Images.

Source Fool.com