CCXI is trading 5.4% down at $16.29 as the stock undergoes a sharp two-day pullback following a significant rally driven by its Agility Robotics merger.
- The stock had previously climbed on optimism surrounding the deal, which features a $2.5 billion pre-money valuation and over $620 million in expected proceeds.
- Shares are currently retreating as market enthusiasm cools and investors move to lock in profits from last week's spike.