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Why Invitae Stock Jumped Today

TheMotleyFool

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Shares of Invitae (NYSE: NVTA) were jumping 11.3% as of 3:05 p.m. EST on Thursday. The medical genetics company announced the issuance of its first environmental, social, and governance (ESG) report earlier in the day. However, the primary catalyst for Invitae was investors' renewed enthusiasm about growth stocks in general, with the Nasdaq Composite index rising 2.6%.

ESG investing has caught on in a major way in recent years. Invitae's focus on sustainability and reducing its environmental footprint no doubt resonates with many investors.

Image source: Getty Images.

Source Fool.com

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