This Beaten-Down Biotech Stock Just Got Some Good News: Time to Buy?

22.12.24 18:25 Uhr

What's going on with CRISPR Therapeutics (NASDAQ: CRSP)? The company's shares have been southbound for the better part of three years. And despite major regulatory wins since late 2023, the biotech hasn't recovered: The stock is down 23% year to date.Can CRISPR Therapeutics bounce back? Some recent developments could move the needle for the gene-editing specialist down the road. Let's find out what they are and what they mean for investors.Since November 2023, CRISPR Therapeutics has been earning approvals for Casgevy, a gene-editing medicine, in various countries and regions. The list includes the U.S., the U.K., the European Union, Saudi Arabia, and Bahrain.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

Quelle: MotleyFool

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