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0.00190361445783131 0.00722891566265059 0.00682730923694772 0.000803212851405605 0.00642570281124499 0.00642570281124499 0.00481927710843363 -0.00240963855421696
Stock impact report

Relay Therapeutics (RLAY) Surges 16.4%: Is This an Indication of Further Gains? [Yahoo! Finance]

Relay Therapeutics, Inc. (RLAY) 
Company Research Source: Yahoo! Finance
The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 6.1% gain over the past four weeks. Relay Therapeutics' share price gain reflects growing investor confidence in the strength of its lead asset, zovegalisib (RLY-2608), a PI3Ka inhibitor, which is advancing into late-stage development with an ongoing phase III breast cancer study (ReDiscover-2). The drug is also being expanded into earlier-line breast cancer settings and non-oncology indications like vascular malformations, with multiple data readouts expected in 2026. The company is also advancing RLY-8161 for Fabry disease, strengthening its genetic disease pipeline. Meanwhile, its FGFR2 inhibitor lirafugratinib (RLY-4008) has been out-licensed to Elevar and already has an NDA filed with the FDA. This company is expected to post quarterly loss of $0.35 per share in its upcoming report, which represents a year-over-year change of +23.9%. Re Show less Read more
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