Why Shares of Seres Therapeutics Rose More Than 21% on Tuesday

Shares of Seres Therapeutics (NASDAQ: MCRB) climbed more than 21% on Tuesday. The biotech stock, which closed at $8.82 on Monday, opened at $8.63 on Tuesday, then took off, climbing to a daily high of $10.78 in the afternoon.

The move was in direct contrast to the general market trend with both the Dow Jones Industrial Average and S&P 500 index down for the day. The stock's 52-week low is $5.41 and its high is $29.90. Year to date, the stock is still down 56%, but over the past six months, it is up more than 67%.

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Source Fool.com