VAXX Vaxxinity Inc

By Chris Wack

Vaxxinity Inc. shares were up 55% to $5.84 in heavy trading on a day when there was no apparent news or releases from the company.

Volume for the stock was 9.3 million shares at 12:50 p.m. ET, compared with its 65-day average volume of 86,000 shares. The stock was paused for volatility several times during Friday's trading session.

The stock hit its 52-week low of $3.04 last Friday.

Earlier in the week, a filing to the Securities and Exchange Committee revealed that Chairman Lou Reese bought 22,900 shares of Vaxxinity shares at $3.48 a share. Mr. Reese now has direct ownership of 51.6 million shares, and indirect ownership of 4.2 million shares.

Write to Chris Wack at chris.wack@wsj.com

(END) Dow Jones Newswires

April 29, 2022 13:13 ET (17:13 GMT)

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