Nurix Therapeutics (NRIX) Moves 14.2% Higher: Will This Strength Last?

Nurix Therapeutics, Inc. (NRIX) shares soared 14.2% in the last trading session to close at $12.14. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 5.7% loss over the past four weeks.The stock rallied after the company announced that Sanofi has exercised its option to exclusively license Nurix’s STAT6 program, including the development candidate NX-3911, an oral, highly selective STAT6 degrader. Nurix is eligible to receive a lic ...