NexImmune (NASDAQ:NEXI) Stock Price Up 2,169,900% – Here’s Why

NexImmune, Inc. (NASDAQ:NEXIGet Free Report)’s share price shot up 2,169,900% during mid-day trading on Tuesday . The stock traded as high as $2.17 and last traded at $2.17. 12,837 shares changed hands during trading, an increase of 176% from the average session volume of 4,645 shares. The stock had previously closed at $0.0001.

NexImmune Stock Up 2,169,900.0%

The company has a fifty day simple moving average of $0.05. The company has a market capitalization of $3.03 million, a P/E ratio of -0.12 and a beta of 1.98.

About NexImmune

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NexImmune, Inc is a clinical‐stage biotechnology company focused on developing novel T‐cell immunotherapies to treat cancer, autoimmune disease and persistent viral infections. The company’s core innovation is its proprietary artificial thymic organoid (ATO) platform, which generates naïve T cells capable of recognizing specific antigens. By guiding T‐cell development in vitro, NexImmune aims to create targeted, high‐potency therapeutic candidates that leverage the body’s natural immune response.

The company’s pipeline includes multiple product candidates at various stages of development.

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