XE is trading at $19.16 (4.9% down) in pre-market, extending a decline that began after its sharp early-June rally.
- The move appears to be driven by continued profit-taking and position unwinding in the volatile post-IPO name.
- There are no fresh company-specific headlines, earnings, or analyst calls reported for June 23, 2026.
- The downward trend is occurring against a slightly weaker broader market backdrop.