SELLAS Life Sciences Shares Fall Tuesday: What's Driving The Move?

SELLAS Life Sciences Group Inc (NASDAQ: SLS ) shares are trading lower Tuesday as traders digest the recent breakout run and early profit-taking shows up even with momentum still elevated from the company’s latest corporate update. SELLAS Life Sciences shares are retreating from recent levels. Why is SLS stock dropping? What Is Driving SELLAS Life Sciences Stock Higher? The latest push higher has been tied to an 8-K that updated employment and severance agreements for senior leadership, including CEO Dr. Angelos Stergiou and CFO John Burns, and to positioning ahead of Phase 3 REGAL trial results for galinpepimut S in AML. The REGAL trial is now at 78 of the 80 required survival events needed to unblind final data, keeping attention on the "event counter" dynamic. SELLAS Life Sciences’ breakout leg has been fueled by repeated momentum bursts, including a more than 16% surge that printe...