Stockchase Opinions

Jim Cramer - Mad Money Karuna Therapeutics KRTX-Q BUY Aug 17, 2022

They have been working on a drug for schizophrenia. Early this month they released phase 3 trail results--which were great. Shares jumped 72% and keep climbing.
$261.160

Stock price when the opinion was issued

Pharma & Healthcare
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COMMENT
An early-stage biopharma, so you can't buy their drugs right now, but they are developing drugs. Their lead drug treats schizophrenia as well as psychosis. Shares are up 21% YTD, but has pulled back hard in the past month.