Off goes AXSM. The stock vaulted today. A closer look at what's happening:

Shares of Axsome Thera (AXSM) are trading 7% higher at a price of $64.01 at the time of this writing. While it's generally been a gloomy day for this part of the market, the company is rapidly outpacing it's peers in the Health Care sector.

The stock is trending upwards despite a broad market selloff.

Some possible catalysts:
Axsome Therapeutics PT Raised to $150 at Truist Securities
Axsome Announces FDA Approval Of Auvelity For Treatment Of Major Depressive Disorder

Axsome Thera has been trading between a 52-week high of $61.11 and a 52-week low of $20.63. The stock has a market cap of $2.49 Billion.

Axsome Therapeutics, Inc. is a biopharmaceutical company developing novel therapies for the management of central nervous system (CNS) disorders for which there are limited treatment options. For the many people facing unsatisfactory treatments for CNS disorders, Axsome accelerates the invention and adoption of life-changing medicines.

As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

itsme25million - 1 upvotes - source
Made some money in AXSM on Friday. Might try it again.

krismasstercant - 1 upvotes - source
AXSM pls open red, my puts can't take this.

AdSimple663 - 1 upvotes - source
Why the fuck would you buy puts on AXSM? , Only tick that had unbelievable news on Friday , Wow just wow 

krismasstercant - 1 upvotes - source
My AXSM $40 Sep puts r fuk

rakan2800 - -2 upvotes - source
#AXSM to the mooooon