23andME Jumps 22%, Marks Month-long High

California-based healthcare company 23andMe Holding Co. (ME), is trading 22% higher in the Friday market. The company has not reported any specific news to boost the shares.

On Thursday, EMJ Capital Founder and President Eric Jackson named 23andME as one of his picks in CNBC's "Closing Bell" program. According to Jackson, the healthcare company can be seen as both a therapeutic company and also as a subscription service. Following the news, the company started to jump in the market, marking its month-long high.

The stock is currently trading at $9.60, up $1.72 or 21.85% since its previous close at $7.88. The shares opened at $8.71 in the morning. In the 52-week period, the stock has ranged between $7.01 and $18.16.

For comments and feedback contact: editorial@rttnews.com

Business News

Looking to Invest in the Best Biotech Stocks? Subscribe to RTT Biotech Investor.
Follow RTT