The company Wave Life Sciences Ltd. found some positive results from their studies of a new drug (WVE-N531) for people with Duchenne muscular dystrophy, which is a disease that makes muscles very weak.
And guess what? People got very excited about this news and started buying a lot of shares (which is like owning a small piece) of the company Wave Life Sciences Ltd. because they think it's going to become more successful and valuable in the future. So, the price of their shares went up a lot on Tuesday!
Other companies also had good news, which is why people bought more shares of their companies too, and that's why those companies' shares prices went up as well.
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