DJ IBio Inc. Stock Falls Thursday, Underperforms Market
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Shares of iBio Inc. (IBIO) shed 6.35% to $1.77 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.06% to 37,775.38 and the NASDAQ Composite Index falling 0.52% to 15,601.50.
This was the stock's second consecutive day of losses.
iBio Inc. closed $26.03 short of its 52-week high ($27.80), which the company achieved on April 21st.
Trading volume (180,253) remained 4.6 million below its 50-day average volume of 4.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 18, 2024.
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April 18, 2024 17:30 ET (21:30 GMT)
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