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24/7 Market News- Ayala Pharmaceuticals (NASDAQ: AYLA) Price action Disappoints

(24/7 MARKET NEWS)– Ayala Pharmaceuticals Inc (NASDAQ: AYLA) caught our attention this morning’s premarket, at $1.96, following its big move on Tuesday. However, after opening at $2.12 and hitting a high of $2.13, it’s drifted downward.

As long as it remains above $1.50, it has the potential to challenge the recent highs made on Tuesday, but it’s at $1.87, up 44 cents (+30.77%), on over 16 million shares, and looking like it can’t hold the gains today.

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