Why Vaxxinity (VAXX) Shares Are Volatile Today
Why Vaxxinity (VAXX) Shares Are Volatile Today
Vaxxinity Inc (NASDAQ:VAXX) shares are trading lower by 10% to $0.24 during Tuesday's session. The stock is trading lower on continued volatility after the company announced its intention to voluntarily delist and deregister its Class A common stock.
周二的交易中，Vaxxinity Inc（纳斯达克股票代码：VAXX）股价下跌了10％，至0.24美元。该公司宣布打算自愿退市并注销其A类普通股后，由于持续波动，该股的交易价格走低。
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Vaxxinity has decided to delist from Nasdaq due to non-compliance with the minimum bid price requirement. This move aims to tackle low trading activity, which the company says has been an obstacle in raising capital and attracting investors. By delisting and deregistering, the company says it can concentrate its resources on research and development without being distracted by stock price fluctuations.
由于未遵守最低出价要求，Vaxxinity已决定从纳斯达克退市。此举旨在解决低交易活动问题，该公司表示，这是筹集资金和吸引投资者的障碍。该公司表示，通过退市和注销注册，可以将资源集中在研发上，而不会被股价波动分散注意力。
The delisting is set to occur around May 9, followed by potential trading on over-the-counter markets. Vaxxinity will file the required forms with the SEC to finalize these changes and suspend reporting obligations.
退市定于5月9日左右进行，随后可能在场外市场进行交易。Vaxxinity将向美国证券交易委员会提交所需的表格，以完成这些变更并暂停报告义务。
According to data from Benzinga Pro, VAXX has a 52-week high of $3.10 and a 52-week low of $0.19.
根据Benzinga Pro的数据，VAXX的52周高点为3.10美元，52周低点为0.19美元。