DJ IBio Inc. Stock Rises Friday, Outperforms Market
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Shares of iBio Inc. (IBIO) rose 6.05% to $2.28 Friday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index falling 2.24% to 18,680.12 and Dow Jones Industrial Average falling 0.70% to 43,444.99.
The stock's rise snapped a three-day losing streak.
iBio Inc. closed $3.84 below its 52-week high ($6.12), which the company achieved on November 27th.
Trading volume (105,027) remained 37,511 below its 50-day average volume of 142,538.
Data source: Dow Jones Market Data, FactSet. Data compiled November 15, 2024.
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(END) Dow Jones Newswires
November 15, 2024 17:27 ET (22:27 GMT)
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