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Atara Biotherapeutics (ATRA) Surges 10.0%: Is This an Indication of Further Gains?

Atara Biotherapeutics (ATRA) shares rallied 10% in the last trading session to close at $11.82. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 32.2% loss over the past four weeks.The price rise can be attributed to growing investor optimism regarding Atara’s recent development related to its lead product candidate, tabelecleucel (tab-cel), a novel T-cell immunotherapy, which has been developed for the treatm ...