COCP stock is currently trading at $2.16, down significantly due to disappointing results from its Phase 2a influenza study, which reported low infectivity rates. The bearish sentiment is driven by concerns over the drug's efficacy and extended trial timelines, which have dampened investor confidence. Despite a "Strong Buy" rating from HC Wainwright with a $7 price target, the stock's near-term outlook remains weak unless positive trial updates emerge.