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.
Source Fool.com