Vaccinex (NASDAQ:VCNX) Stock Price Down 4.5% – Here’s What Happened

Vaccinex, Inc. (NASDAQ:VCNXGet Free Report) traded down 4.5% on Monday . The stock traded as low as $1.00 and last traded at $1.05. 5,075 shares changed hands during trading, an increase of 57% from the average daily volume of 3,241 shares. The stock had previously closed at $1.10.

Vaccinex Trading Down 4.5%

The business has a 50-day moving average of $1.06 and a 200 day moving average of $1.04. The firm has a market capitalization of $2.73 million, a P/E ratio of -0.02 and a beta of 1.10.

About Vaccinex

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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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