XIAO-I is trading 5.41% lower at $1.93 after-hours, with no confirmed company-specific catalyst identified. - It closed at $2.04 on September 22, 2026. Available news coverage showed no current headlines or confirmed announcement, earnings release, analyst action, or other fresh catalyst. - The Nasdaq gained 0.45%, so the decline does not clearly track broader market direction. - Confidence remains low pending possible delayed news.