Rallybio shares are trading lower as the stock pulls back following Thursday's surge.
Portfolio Pulse from Benzinga Newsdesk
Rallybio's stock (RLYB) is trading lower, retracting from the surge it experienced on Thursday.

April 12, 2024 | 1:17 pm
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NEGATIVE IMPACT
Rallybio's shares are experiencing a pullback after a significant surge on Thursday.
The pullback in Rallybio's stock price after a surge indicates a short-term negative impact on its stock price. This is a common market reaction where stocks often retract some gains after a significant rally. The importance is high as it directly affects investors' short-term strategy, and the confidence in this analysis is based on typical market behavior observed in similar scenarios.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100