Shares of Seres Therapeutics (NASDAQ:MCRB) jumped 21% on Thursday after the biotech company announced the details of its capital raise. Notably, Seres will also sell 959,002 shares to international food titan Nestle (OTC:NSRGY). Shares of Seres Therapeutics Inc. rocketed nearly fourfold (up 270%) on heavy volume in premarket trading Monday, after the microbiome therapeutics company reported upbeat results of … Seres also said the results of the study support its request for a … Cumulative Growth of a $10,000 Investment in Stock Advisor, Why Seres Therapeutics Stock Surged Today @themotleyfool #stocks $MCRB $NSRGY, Why Seres Therapeutics Stock Skyrocketed 350% Today, Seres Therapeutics Inc (MCRB) Q4 2019 Earnings Call Transcript.

Seres Therapeutics' stock rocketed higher on Monday. It was also well-tolerated, with no treatment-related serious adverse events observed during the trial. Seres Therapeutics, Inc. today announced the pricing of an underwritten public offering of 10,500,000 shares of its common stock. Joe honed his investing skills as an analyst for Stock Advisor, Supernova, and Fool One. View the latest Seres Therapeutics Inc. (MCRB) stock price, news, historical charts, analyst ratings and financial information from WSJ. Seres plans to use the cash to fund the development of its microbiome therapies.

As for today's gains, investors may be finding comfort in the fact that Nestle is boosting its stake in Seres. Image source: Getty Images. Seres expects to raise at … The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. Seres said its drug helped reduce the number of patients who experienced a recurrence of C. difficile infection within an eight-week period by 30.2% compared to a placebo. Wall Street Isn't Convinced.

Stock Advisor launched in February of 2002. Will the Gut Microbiome Change Medicine? SERES THERAPEUTICS, INC. : News, information and stories for SERES THERAPEUTICS, INC. | Nasdaq: MCRB | Nasdaq He battle-tested his investment philosophy and strategies as portfolio manager of Tier 1, a market-crushing Motley Fool real-money portfolio that delivered 24.58% annualized returns during its existence. Let's conquer your financial goals together...faster. Seres expects to raise at least $245 million from its stock offering, which is expected to close on Aug. 17. Image source: Getty Images. Seres Therapeutics' stock rose sharply on Thursday after raising a boatload of cash from investors. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Having a $340 billion company in your corner can't hurt, and Nestle's increased investment can rightfully be viewed as a vote of confidence in Seres' future.

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