🔴 Xos is trading 24.54% down today after profit-taking following the Air Force agreement-driven rally

Xos is trading at $3.29 (-24.54%), with the decline appearing driven by profit-taking after the sharp rally following the U.S. Air Force prototype agreement.

• Shares rose 112.44% on August 18 following the agreement.
• It covers a ruggedized Xos Hub mobile charging system and marked Xos’s defense-market entry.
• No new August 19 company announcement has been identified.