Anaverex Life Sciences Corp Lower After SEC Inquiry

Anaverex Life Sciences Corp AXVL shares are trading lower by $.70 at $6.33 in Tuesday's session. Investors are exiting the issue on the news that the company is being investigated for unusual trading activity. Following a lower open. it continued lower until it found support at $5.54 and reversed course. That low coincides with its December 2 low of $5.57. The ensuing rally came of $0.03 of reaching the lower end of Monday's range, reaching $6.47 and retreating to its current level.