Amesite Inc. (NASDAQ:AMST) stock is trading lower on Thursday. The pullback follows an explosive multi-day rally that drove the stock up over 200% earlier in the week.

Correction After Massive Surge

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According to market data, Amesite stock surged more than 200% from a low of 79 cents on Monday to a peak of $2.39 on Tuesday. The stock is pulling back on Thursday as short-term traders secure profits from the rapid price spike.

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