Xiao-I Corporation, through its subsidiary, Shanghai Xiao-i Robot Technology Co., Ltd., provides software services in the People’s Republic of China. It offers...
AIXI.US closed the regular session down 5.0% at $1.900, primarily driven by pre-market news of a $2 million unsecured convertible note financing that raised dilution concerns. The stock opened at $1.960 and trended lower throughout the day, peaking at $2.061 before hitting an intraday low of $1.900. The company's latest earnings report showed Q4 revenue of just $405,388, a 97.83% year-over-year decline, with a net loss of $35.5 million and EPS of -$45.34. The stock is now 88.33% below its 52-week high of $16.275, though it remains up 341.86% year-to-date, and trades well below both its 20-day MA ($5.36) and 60-day MA ($5.64). However, a slight post-market recovery to $1.920 suggests some bargain-hunting interest at these levels.
12 Information Technology Stocks Moving In Monday's After-Market Session
The AI Ripple Reaches the Edge, and The Truth is More Complicated
Xiao-I Corp. Secures $2 Million Unsecured Convertible Note Financing
Xiao-I signs deal to issue USD 2.17 million convertible note to institutional investor
12 Information Technology Stocks Moving In Thursday's Intraday Session
12 Information Technology Stocks Moving In Wednesday's Intraday Session