Why Denali Therapeutics' Stock Rose 6.6% on Wednesday

Why Denali Therapeutics' Stock Rose 6.6% on Wednesday

Source: 
Motley Fool
snippet: 
  • Denali Therapeutics specializes in treating neurodegenerative disorders.
  • The company released preliminary phase 1/2 data on an Alzheimer's therapy.
  • Denali isn't profitable, but it does have $1.16 billion in cash.