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Why Schrodinger Stock Surged 33.3% Today


Priced at a low, low $17 a share during their initial public offering two weeks ago, but rising steadily since then, shares of "physics-based" software maker Schrodinger (NASDAQ: SDGR) went on an absolute tear Thursday. They closed up 33.3%, at a new high of $47.62 per share.

Believe it or not, you can thank famed short-seller Citron Research for that.

Is this stock really the next Tesla? Image source: Getty Images.

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Source Fool.com

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