Why Wave Life Sciences (WVE) stock is up today after Arrowhead’s obesity data spotlights INHBE
Wave Life Sciences shares climbed 4.4% to $15.82 by midday Wednesday after Arrowhead Pharmaceuticals posted interim obesity trial data targeting the same INHBE gene. Investors are watching for Wave’s Jan. 13 presentation at the J.P. Morgan Healthcare Conference. Arrowhead fell 7.5% after its earlier surge.