Vaccinex (NASDAQ:VCNX) Stock Price Down 10.1% – Here’s What Happened

Vaccinex, Inc. (NASDAQ:VCNXGet Free Report)’s stock price was down 10.1% during mid-day trading on Tuesday . The stock traded as low as $1.12 and last traded at $1.16. Approximately 658 shares changed hands during mid-day trading, a decline of 80% from the average session volume of 3,357 shares. The stock had previously closed at $1.29.

Vaccinex Price Performance

The stock has a fifty day moving average of $1.03 and a 200 day moving average of $1.06. The stock has a market cap of $3.02 million, a price-to-earnings ratio of -0.02 and a beta of 1.10.

Vaccinex Company Profile

(Get Free Report)

Vaccinex, Inc is a clinical-stage biopharmaceutical company developing novel immunotherapies targeting oncology and neurodegenerative diseases. Headquartered in Rochester, New York, Vaccinex harnesses its proprietary human antibody platform to modulate the semaphorin 4D (SEMA4D) pathway, a mechanism implicated in tumor immune evasion and neuroinflammatory processes. Its lead asset, pepinemab (VX15/2503), is an investigational monoclonal antibody designed to bind and block SEMA4D, thereby promoting immune cell infiltration in tumors and supporting neural repair in degenerative disorders.

In oncology, Vaccinex has advanced pepinemab through Phase 2 trials in solid tumors and hematologic malignancies, exploring its potential to enhance the efficacy of established checkpoint inhibitors.

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