Why ChemoCentryx's Stock Is Trading Lower Today

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ChemoCentryx CCXI shares are trading lower on Thursday after the company announced topline data from its Phase II AURORA clinical trial of Avacopan in the treatment of Hidradenitis Suppurativa.

ChemoCentryx Inc is a biopharmaceutical company involved in discovery, development, and commercialization of orally administered drugs to treat rare diseases, inflammatory disorders, autoimmune diseases, and cancer. 

ChemoCentryx shares were trading down 6.90% at $48.64 on Thursday. The stock has a 52-week high of $65.43 and a 52-week low of $7.88.

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