Why REalloys Stock Soared Today
For only the second time as a public company, REalloys (NASDAQ: ALOY) reported quarterly financial results yesterday after the market closed. The rare-earth company, which completed its business merger in May, reported year-over-year top-line growth, though it reported a steeper loss than last year. Suffice it to say, the market's impressed with the company's performance.
Shares of REalloys rose 13.7% today, after retreating from an earlier 18.5% gain.
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Source Fool.com
