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Why the Mesoblast (ASX:MSB) share price gained today as the ASX 200 fell – Motley Fool Australia

The Mesoblast share price was up 1.6% in trading today, bucking the wider market selloff. Here’s why shares are heading higher.

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The Mesoblast limited(ASX: MSB) share price is up 1.6% at $3.15 in close of trade today. The company released its report this morning for the quarter ending 30 September, alongside an update on its lead product candidate remestemcel-L.
Mesoblast’s gains today come as the S&P/ASX 200 Index (ASX: XJO) followed US and European markets lower, down 1.6% at close.
Mesoblast shareholders have endured some major ups and downs this year, with the share price cratering 64% from late January through to 23…

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