Vaccinex (NASDAQ:VCNX) Shares Up 1% – Here’s What Happened

Vaccinex, Inc. (NASDAQ:VCNXGet Free Report) shares rose 1% during mid-day trading on Monday . The stock traded as high as $1.06 and last traded at $1.06. 1,535 shares were traded during trading, a decline of 52% from the average session volume of 3,211 shares. The stock had previously closed at $1.05.

Vaccinex Stock Up 1.0%

The firm has a market cap of $2.76 million, a price-to-earnings ratio of -0.02 and a beta of 1.10. The company’s 50-day moving average price is $1.05 and its 200-day moving average price is $1.01.

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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