IBio Inc. Stock Falls Wednesday, Underperforms Market

Dow Jones10-24

DJ IBio Inc. Stock Falls Wednesday, Underperforms Market

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of iBio Inc. (IBIO) shed 5.54% to $2.73 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index falling 1.60% to 18,276.65 and Dow Jones Industrial Average falling 0.96% to 42,514.95.

This was the stock's second consecutive day of losses.

iBio Inc. closed $3.74 below its 52-week high ($6.47), which the company reached on November 6th.

Trading volume (70,656) remained 65,697 below its 50-day average volume of 136,353.

Data source: Dow Jones Market Data, FactSet. Data compiled October 23, 2024.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

October 23, 2024 17:27 ET (21:27 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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