BOXABL (NASDAQ:BXBL) Trading Down 23.8% – Here’s Why

Shares of BOXABL Inc. (NASDAQ:BXBLGet Free Report) were down 23.8% during mid-day trading on Wednesday . The stock traded as low as $6.00 and last traded at $6.10. 804,017 shares were traded during mid-day trading, an increase of 140% from the average session volume of 334,710 shares. The stock had previously closed at $8.01.

BOXABL Trading Down 23.8%

About BOXABL

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BOXABL Inc develops factory-built modular building systems designed to reduce the time, labor and transportation costs associated with traditional construction. The company’s patented folding technology allows its room-sized building modules to fit within standard highway, rail and shipping dimensions before being transported and unfolded at the installation site.

BOXABL’s flagship product is the Casita, a 361-square-foot studio unit equipped with a full kitchen, bathroom, living area and utility connections.

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