Why Brooklyn ImmunoTherapeutics Is Surging Higher Again Today Brooklyn ImmunoTherapeutics Inc (NYSE:BTX) is moving higher again on Monday morning as the stock continues to increase in popularity on the subreddit r/wallstreetbets. What Happened: The stock has soared over the last week after Reddit traders identified the stock as a low float high short interest short squeeze candidate. Last Thursday, the company announced it had acquired an exclusive license for mRNA gene editing and cell therapies technology of Factor Bioscience Limited and Novellus Therapeutics Limited. “As a result of the license acquisition, Brooklyn is now poised to become a key player among companies exploring gene editing for cell therapies. This mRNA gene editing technology has the potential to be disruptive given its high efficiency and relatively low manufacturing costs. We look forward to continuing the work begun by Factor Bioscience and Novellus with this platform and to reporting our progress as our products advance towards the clinic,” said CEO Howard J. Federoff.