Morgan Stanley Upgrade Lifts Relyspa Inc.

Relyspa Inc.

shares are trading higher by $1.54 at $16.50 in Monday's session. The catalyst for the rally is an upgrade by Morgan Stanley from Underweight to Equal Weight. After a higher open, it fell back slightly but immediately found support at $15.61 and continued its moves higher. So fa,r it has reached $16.70 and has not backed far off that level. That puts the issue in lightly traded area from when it swooned on May 4 from $17.32 to $14 following an announcement of a $150M debt financing.