AnaptysBio (ANAB) Moves 9.5% Higher: Will This Strength Last?

AnaptysBio, Inc. (ANAB) shares rallied 9.5% in the last trading session to close at $18.71. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 8.1% loss over the past four weeks.The stock rallied after the company announced that the board of directors has authorized a stock repurchase plan under which it may repurchase up to$ 75,000,000 of the outstanding common stock, par value $0.001 per share.This company is ...