IBIO Stock – iBio Inc. stock falls Tuesday, underperforms market
Shares of iBio Inc.
shed 3.85% to $1.50 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index
falling 0.11% to 13,045.39 and Dow Jones Industrial Average
falling 0.31% to 33,066.96. This was the stock’s second consecutive day of losses. iBio Inc. closed $5.95 short of its 52-week high ($7.45), which the company reached on July 21st.
The stock underperformed when compared to some of its competitors Tuesday, as Novanta Inc.
fell 0.08% to $129.23, Diebold Nixdorf Inc.
rose 3.13% to $13.85, and GoPro Inc.
rose 2.79% to $11.44. Trading volume (2.6 M) remained 11.6 million below its 50-day average volume of 14.2 M.