Shares of iBio Inc. IBIO-2.99% shed 2.99% to $1.95 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index COMP 0.84% rising 0.84% to 18,028.76 and the Dow Jones Industrial Average DJIA 0.41% rising 0.41% to 39,331.85.
This was the stock’s second consecutive day of losses.
iBio Inc. closed $14.04 below its 52-week high ($15.99), which the company reached on August 4th.
Trading volume (98,765) remained 71,665 below its 50-day average volume of 170,430.