Why is Grail stock surging today?
Grail Inc's stock surged 11.3% to $120.81 after an FDA panel voted that the benefits of its Galleri multi-cancer detection test outweigh risks for adults 50+. The panel also unanimously supported its safety. Analysts raised price targets and maintained positive ratings. The FDA's final decision is pending, with some uncertainty remaining. The move is company-specific, with broader markets down.

