Why Vaxart Is Trading Lower Today
Vaxart's Stock Price And Volume Action
Vaxart's (NASDAQ:VXRT) stock has been falling Wednesday, down 56.26% to a price of $10.21. Wednesday the stock has been traded at a volume of 26.93 million, about 193.74% of its recent 30-day volume average of 13.90 million.
Why It's Moving
Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Vaxart shares are trading lower after the company reported preliminary data from a Phase 1 clinical trial evaluating its oral COVID-19 tablet vaccine candidate.
Further Analysis of Recent Price Action
The moving average price of the stock over the past 50 days was $7.78 at the time this article was published. In the past fifty-two weeks, the stock price has been as high as $24.9 and as low as $0.96.
Benzinga Pro provides investors with timely and accurate explanations of why a stock is moving. Subscribe to receive real-time alerts explaining stock price movements. Click here to learn more.
© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.