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0 -0.000612369871402423 0.00244947948560926 -0.00183710961420705 0.0104102878138394 0 0.00367421922841388 0.0146968769136558
Stock impact report

Relay Therapeutics (RLAY): Revisiting Valuation After a Sharp Rebound in 2024 [Yahoo! Finance]

Relay Therapeutics, Inc. (RLAY) 
Company Research Source: Yahoo! Finance
This move is prompting investors to revisit whether the company's cancer pipeline justifies the new optimism. See our latest analysis for Relay Therapeutics. That surge fits into a broader turnaround, with a roughly 28% 1 month share price return and around 87% year to date share price return, even though the 3 year total shareholder return remains deeply negative. This suggests sentiment is improving, but the long term story is still rebuilding. If Relay's recent move has you rethinking your biotech exposure, it could be worth scanning other potential opportunities across healthcare stocks to see what else is gaining traction. But after such a rapid rebound, are investors still getting in ahead of Relay Therapeutics' potential, or has the market already priced in its ambitious precision oncology pipeline and future growth prospects? Relay Therapeutics currently trades on a price to book ratio of 2.3 times, which looks modest relative to many biotech peers at the latest clos Show less Read more
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