Why Wave Life Sciences Stock Vaulted 146% Higher on Monday

We have an emerging new entrant in the increasingly crowded weight loss drug space.Even in the volatile biotech sector, it's rare for a company's stock price to more than double in a single trading session. This is what made Monday so memorable for Wave Life Sciences (WVE +147.26%), which trumpeted a significant advancement in a white-hot segment of the pharmaceutical industry and was rewarded by Mr. Market with a 146% increase in its share price. Weight loss leads to stock market gainBefore market open, Wa ...