Lycia Therapeutics surges 8%

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Lycia Therapeutics (LYCA.US) surged more than 8% during regular trading to $27.08.

The Nasdaq Composite is up 0.47% over the past five sessions.

Lycia Therapeutics listed on the Nasdaq on Oct. 23, 2026, at an IPO price of $18, raising $317.5 million. Shares closed at $30 on the first day of trading, valuing the company at approximately $1.563 billion.

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