Schrodinger is trading 12.19% up now at $23.28, with the main explanation being sector rotation into software as investors reduce exposure to AI hardware.
- Software stocks are up 3.10%, while major indexes are lower.
- Schrodinger extended its 9.10% gain on September 14, 2026.
- A September 14 Morgan Stanley conference highlighted cloud growth, product adoption, and profitability progress, though available coverage does not explicitly attribute the move to the event.