What's Going On With Polaryx Therapeutics Stock Wednesday?

benzinga_article
2026.02.18 15:19
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Polaryx Therapeutics Inc. (NASDAQ: PLYX) stock fell 22.47% to $3.07 on Wednesday, reversing gains from a 64.32% surge the previous day following a major clinical development announcement. The company selected a contract research organization for its SOTERIA Phase 2 trial, evaluating its lead candidate PLX-200 for lysosomal storage disorders, with the trial set to begin in 2026. Despite the recent spike, PLYX has declined 88.69% over the past year, remaining closer to its 52-week low of $2.20 than its high of $48.91.