Shares of American Oncology Network, Inc. (NASDAQ:AONC – Get Free Report) fell 16.7% during mid-day trading on Wednesday . The company traded as low as $10.00 and last traded at $10.00. 100 shares changed hands during trading, a decline of 88% from the average session volume of 842 shares. The stock had previously closed at $12.00.
American Oncology Network Trading Down 16.7%
The business has a 50-day simple moving average of $9.97 and a 200-day simple moving average of $10.72.
About American Oncology Network
American Oncology Network, Inc is a physician-led network of independent community oncology and hematology practices in the United States. The company partners with locally owned cancer care practices to deliver infusion therapy, diagnostic imaging, pathology services, genetic counseling and supportive care, while maintaining the autonomy and identity of each affiliated practice. Its platform also encompasses clinical trial coordination and digital tools to streamline prior authorizations and patient navigation.
Founded in 2019, American Oncology Network was established to address the operational and administrative challenges faced by community-based oncology providers.
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