CXApp (NASDAQ:CXAIW) Shares Down 12.5% – Here’s Why

CXApp Inc. (NASDAQ:CXAIWGet Free Report) shares dropped 12.5% during mid-day trading on Wednesday . The company traded as low as $0.19 and last traded at $0.22. Approximately 232,746 shares were traded during mid-day trading, an increase of 95% from the average daily volume of 119,340 shares. The stock had previously closed at $0.25.

CXApp Trading Down 12.5 %

The stock has a 50 day moving average of $0.23 and a 200-day moving average of $0.22.

About CXApp

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CXApp Inc provides a workplace experience platform for enterprise customers. It offers CXApp, a software-as-a-service platform with native mapping, analytics, on-device positioning, and applications technologies for use in various applications, such as workplace experience, employee engagement, desk and meeting room reservations, workplace analytics, occupancy management, content delivery, corporate communications and notifications, event management, live indoor mapping, wayfinding, and navigation.

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