Why Schrodinger Stock Is Rising Today

Why Schrodinger Stock Is Rising Today

Schrodinger (NASDAQ:SDGR) is starting the week on a strong note. Investors are bidding up Schrodinger's stock today following the company's announcement that it has entered into a collaboration agreement with pharma giant Bristol Myers Squibb (NYSE:BMY). Schrodinger uses physics-based software to discover molecules for drug development.