Cldi stock price currently fluctuates around $2

CLDI stock price currently fluctuates around $2.81, with intraday volatility widening to 4.2%. Traders are eyeing a possible breakout if the broader NASDAQ index sustains its recent rally. The consensus EPS estimate for the current year has increased 48.9% over the last 30 days. This means that the Wall Street analysts covering CLDI are majorly in agreement about the company's potential to report better earnings than what they predicted earlier. Calidi Biotherapeutics stock was up 171.84% in pre-market trading on Wednesday, following a 39.47% rally yesterday. However, the stock has fallen 70.87% year-to-date and 77.9% over the past 12 months. Today’s rally came with heavy trading, as over 159 million shares changed hands, compared to a three-month daily average of 1.34 million shares. CLDI stock price drifted to $2.82, slightly underperforming the sector index. Short-term sentiment could change if upcoming market data confirms sector growth acceleration.