Why Prime Medicine Stock Is Soaring Today

Shares of Prime Medicine (PRME 13.07%) are surging on Thursday. The gene-editing company's stock gained 10.5% as of 2 p.m. ET and was up as much as 17% earlier in the day. The move up comes as the S&P 500 and Nasdaq Composite gained 0.4% and 0.7%, respectively.The clinical-stage biotech unveiled a promising new preclinical program targeting a serious disorder of the lungs and liver.New gene-editing program revealedPrime Medicine announced yesterday a new preclinical program for treating alpha-1 antitrypsin ...