Published on 8 Nov 2022 on Market Watch
Corbus Pharmaceuticals Holdings Inc. stock rises Monday, outperforms market
Shares of Corbus Pharmaceuticals Holdings Inc. rallied 2.44% to $0.13 Monday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 0.85% to 10,564.52 and the Dow Jones Industrial Average rising 1.31% to 32,827.00. This was the stock's second consecutive day of gains. Corbus Pharmaceuticals Holdings Inc. closed $0.98 below its 52-week high ($1.11), which the company reached on November 16th.
The stock outperformed some of its competitors Monday, as Fate Therapeutics Inc. fell 0.81% to $19.68, Vanda Pharmaceuticals Inc. rose 0.85% to $10.62, and Viking Therapeutics Inc. rose 0.24% to $4.25. Trading volume (690,451) remained 2.1 million below its 50-day average volume of 2.7 M.