ALX Oncology Holdings (ALXO) shares were down more than 9% in recent Thursday trading after Jefferies downgraded the company's stock to hold from buy and cut its price target to $2 from $12.
The company's trading volume stood at over 1.8 million shares against a daily average of about 875,000.
Price: 1.67, Change: -0.17, Percent Change: -9.24