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Xiao-I Corp (NASDAQ:AIXI) shares are retreating on Tuesday . The move follows a historic rally that dominated early April trading.
Nasdaq futures are up 0.52% while S&P 500 futures have gained 0.27%.
Massive Monthly Gains Spark Pullback
The AI industrialization company stock witnessed an 1,850% increase between April 1 and April 7. Shares climbed from 10 cents to a peak of $1.95 during that window.
As of Tuesday morning, the stock is up roughly 622% over the past month. Traders appear to be locking in gains after this parabolic move.
Patent Victory Against Apple
The recent momentum …
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