Published on 7 Dec 2022 on Market Watch
iBio Inc. stock falls Wednesday, underperforms market
Shares of iBio Inc. cratered 57.88% to $0.67 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the Dow Jones Industrial Average remaining mostly unchanged at 33,597.92 and the NASDAQ Composite Index falling 0.51% to 10,958.55. This was the stock's third consecutive day of losses. iBio Inc. closed $18.08 below its 52-week high ($18.75), which the company reached on December 9th.
Trading volume (3.0 M) eclipsed its 50-day average volume of 159,230.