Why Taysha Gene Therapies's Stock is Trading Higher Today
The Price And Volume Action In Taysha Gene Therapies's Stock Today
Taysha Gene Therapies's (NASDAQ:TSHA) stock is trading up 18.73% to a price of $25.74. The stock's current volume for the day is 258.38 thousand, which is approximately 286.81% of its previous 30-day average volume of 90.09 thousand.
Why It's Moving
Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Taysha Gene Therapies shares are trading higher after the company announced the acquisition of exclusive worldwide rights to a clinical-stage AAV9 gene therapy program, now known as TSHA-120, for the treatment of giant axonal neuropathy.
Perspective On Recent Price Action
The stock's 50-day moving average was $25.67 at the time this article was published. Over the past fifty-two weeks, the price has risen as high as $33.35 and fallen to a low of $18.16.
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