Strength Seen in Relay Therapeutics (RLAY): Can Its 6.7% Jump Turn into More Strength?
RLAYRelay Therapeutics(RLAY) ZACKS·2024-09-17 21:26

Relay Therapeutics, Inc. (RLAY) shares soared 6.7% in the last trading session to close at $8.11. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 17.8% gain over the past four weeks.The sudden surge in the stock price can be attributed to a positive investor mindset regarding the company's pipeline progress. Relay Therapeutics is leveraging its Dynamo platform to initially focus on precision oncology. The company has several cand ...