Axcella shares are trading lower amid profit taking after the stock rallied earlier in the week.
Portfolio Pulse from Benzinga Newsdesk
Axcella shares are trading lower due to profit taking after the stock rallied earlier in the week.
August 31, 2023 | 4:47 pm
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Axcella's stock price is falling due to investors taking profits after a recent rally.
The news directly mentions Axcella (AXLA) and states that its shares are trading lower due to profit taking after a recent rally. This suggests that investors are selling their shares to realize their gains, which is causing the stock price to fall in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100