Why Vaxart Is Trading Lower Today

February 3, 2021 9:52 am
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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.

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