DJ IBio Inc. Stock Falls Friday, Underperforms Market
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Shares of iBio Inc. (IBIO) shed 6.25% to $2.55 Friday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index falling 1.63% to 19,161.63 and Dow Jones Industrial Average falling 1.63% to 41,938.45.
The stock's fall snapped a four-day winning streak.
iBio Inc. closed $2.43 short of its 52-week high ($4.98), which the company achieved on March 28th.
Trading volume (97,783) remained 201 below its 50-day average volume of 97,984.
Data source: Dow Jones Market Data, FactSet. Data compiled January 10, 2025.
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January 10, 2025 17:33 ET (22:33 GMT)
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