Beyond Air (XAIR) falls 5.47% on Strong Volume January 14

Equities Staff  |

Beyond Air Inc (NASDAQ: XAIR) shares fell 5.47%, or $0.45 per share, to close Friday at $7.78. After opening the day at $8.03, shares of Beyond Air fluctuated between $8.29 and $7.71. 370,334 shares traded hands an increase from their 30 day average of 344,331. Friday's activity brought Beyond Air’s market cap to $207,259,503.

Beyond Air is headquartered in Garden City, New York..

About Beyond Air Inc

Beyond Air, Inc. is a clinical-stage medical device and biopharmaceutical company developing a revolutionary NO Generator and Delivery System, LungFit™, that uses NO generated from ambient air to deliver precise amounts of NO to the lungs of ventilated and non-ventilated patients for the potential treatment of a variety of pulmonary diseases. LungFit™ can generate up to 400 ppm of NO for delivery either continuously or for a fixed amount of time, and has the ability to either titrate dose on demand or maintain a constant dose. The Company is currently applying its therapeutic expertise to develop treatments for pulmonary hypertension in various settings, in addition to treatments for respiratory tract infections that are not effectively addressed with current standards of care. Beyond Air is currently advancing its innovative LungFit™ in clinical trials for the treatment of severe lung infections such as SARS-CoV-2 and nontuberculous mycobacteria (NTM). Additionally, Beyond Air is performing preclinical testing of the use of ultra-high concentrations of NO with a proprietary delivery system, separate from LungFit™, to target certain solid tumors.

Visit Beyond Air Inc’s profile for more information.

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To get more information on Beyond Air Inc and to follow the company’s latest updates, you can visit the company’s profile page here: Beyond Air Inc’s Profile. For more news on the financial markets be sure to visit Equities News. Also, don’t forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week.

Sources: Chart is provided by TradingView based on 15-minute-delayed prices. All other data is provided by IEX Cloud as of 8:05 pm ET on the day of publication.

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