BridgeBio Stock Has Soared 29% in Just 3 Months. Here's Why Wall Street Thinks It Could Go Even Higher.
BridgeBio Pharma's stock has risen 29% over the past three months. Sales of its heart drug nearly tripled year over year in the second quarter, and the company has additional medications in late-stage development that Wall Street views as having significant potential.
Why it matters — BridgeBio watchers would care because strong commercial growth from its heart drug and a promising late-stage pipeline appear to be driving heightened investor and analyst attention on the company.