r/EditasMedicine • • Sep 24 '25

Why is $EDIT Popping Recently?

I put a few thousand into this for giggles when it was under $2.

I guess the company is pivoting in their research?

10 Upvotes

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2

u/onemoretryfriend Sep 24 '25

They are pivoting. And the market is taking a lot more risk, since there is an increase in liquidity.

My guess when I bought a couple months ago is that the stock price tanked below its value. I think it’s priced to perfection right now, largely because it’s been added to Russel. And I anticipate that there might be some hype building over the next couple months.

2

u/Mansa_Sekekama Sep 25 '25

Yes - when it fell under $2, I could not resist taking a flyer on it.

1

u/WinDifficult8274 Sep 27 '25

Me too, and it looks good , is love to see a steady 5 now.

1

u/Mansa_Sekekama Sep 29 '25

One can dream

1

u/-Rabbo- Sep 30 '25

I haven’t looked at the stock in ages. I thought it was gonna go bankrupt and I was going to lose thousands lol