Why Is Axsome Therapeutics, Inc. (NASDAQ: AXSM) Stock Down Today?

Axsome Therapeutics, Inc. (NASDAQ: AXSM) Summary

Axsome Therapeutics, Inc. (NASDAQ: AXSM) is trading down -0.12% at $207.77, reflecting a negative shift in investor sentiment today. The stock opened at $207.22 and has moved between $206.50 and $210.87 so far.

Trading volume is 734785, which is 16% below its average, and the price action suggests selling interest.

Technically, AXSM on the NASDAQ is trading below its 50-day moving average of $233.18 and above its 200-day moving average of $191.07, indicating short-term weakness but long-term strength.

Analyst sentiment is bullish. Meyka's AI assigns AXSM a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of +8.75% in 1 month ($225.96), -8.73% in 1 year ($189.63), and +57.01% in 5 years ($326.22).

See full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement on the NASDAQ.
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