Últimas noticias sobre iBio (AMEX:IBIO) Bolsa

iBio

iBio Inc is a preclinical stage biotechnology company that leverages the power of Artificial Intelligence (AI) for the development of precision antibodies. CDMO. Its technology stack is designed to minimize downstream development risks by employing AI-guided epitope-steering and monoclonal antibody (mAb) optimization.

iBio Inc

<h3>Gainers</h3>
<ul>
<li>Scholar Rock Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SRRK#NASDAQ">SRRK</a>) shares moved upwards by 324.2% to $31.48 during Monday's regular session. The company's market cap stands at $2.5 billion. </li>
<li>LogicMark (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LGMK#NASDAQ">LGMK</a>) shares increased by 17.27% to $0.13. The market value of their outstanding shares is at $1.5 million. </li>
<li>Cue Biopharma (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CUE#NASDAQ">CUE</a>) stock increased by 16.37% to $1.35. The company's market cap stands at $81.2 million. </li>
<li>Akoya Biosciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AKYA#NASDAQ">AKYA</a>) stock moved upwards by 15.82% to $3.22. The company's market cap stands at $159.3 million. </li>
<li>WORK Medical Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WOK#NASDAQ">WOK</a>) stock moved upwards by 15.49% to $5.44. The company's market cap stands at $79.3 million. </li>
<li>iBio (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/IBIO#AMEX">IBIO</a>) stock rose 14.84% to $2.52. The market value of their outstanding shares is at $21.7 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Trevena (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRVN#NASDAQ">TRVN</a>) shares declined by 45.0% to $2.54 during Monday's regular session. The market value of their outstanding shares is at $2.1 million. </li>
<li>Galecto (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLTO#NASDAQ">GLTO</a>) shares decreased by 26.03% to $8.64. The company's market cap stands at $10.7 million. </li>
<li>TC BioPharm (Holdings) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TCBP#NASDAQ">TCBP</a>) stock declined by 24.25% to $5.75. The company's market cap stands at $2.9 million. </li>
<li>Virpax Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRPX#NASDAQ">VRPX</a>) stock fell 19.0% to $0.52. The market value of their outstanding shares is at $2.5 million. </li>
<li>Virios Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VIRI#NASDAQ">VIRI</a>) stock declined by 15.84% to $0.14. The market value of their outstanding shares is at $3.9 million. </li>
<li>Meihua Intl Medical Techs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MHUA#NASDAQ">MHUA</a>) stock decreased by 13.46% to $0.9. The market value of their outstanding shares is at $22.9 million. 
See Also: <a href="http://www.benzinga.com/money/best-healthcare-stocks/" title="www.benzinga.com/money/best-healthcare-stocks/">www.benzinga.com/money/best-healthcare-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Health Care Stocks Moving In Monday's Intraday Session

<h3>Gainers</h3>
<ul>
<li>Scholar Rock Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SRRK#NASDAQ">SRRK</a>) stock rose 198.1% to $22.12 during Monday's pre-market session. The company's market cap stands at $1.7 billion. </li>
<li>LogicMark (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LGMK#NASDAQ">LGMK</a>) shares increased by 53.16% to $0.17. The company's market cap stands at $2.0 million. </li>
<li>Inspire Veterinary (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IVP#NASDAQ">IVP</a>) stock increased by 15.21% to $0.31. The market value of their outstanding shares is at $2.2 million. </li>
<li>iBio (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/IBIO#AMEX">IBIO</a>) stock moved upwards by 14.15% to $2.5. The market value of their outstanding shares is at $21.5 million. </li>
<li>Regencell Bioscience (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGC#NASDAQ">RGC</a>) stock increased by 11.72% to $4.86. The market value of their outstanding shares is at $63.2 million. </li>
<li>Biohaven (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BHVN#NYSE">BHVN</a>) shares moved upwards by 10.58% to $52.67. The company's market cap stands at $5.3 billion. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Trevena (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRVN#NASDAQ">TRVN</a>) shares fell 45.5% to $2.51 during Monday's pre-market session. The market value of their outstanding shares is at $2.1 million. </li>
<li>Entero Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENTO#NASDAQ">ENTO</a>) shares fell 18.3% to $0.49. The company's market cap stands at $1.5 million. </li>
<li>Onconetix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ONCO#NASDAQ">ONCO</a>) stock declined by 14.69% to $4.01. The market value of their outstanding shares is at $2.9 million. </li>
<li>TriSalus Life Sciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLSI#NASDAQ">TLSI</a>) shares decreased by 12.97% to $3.96. The company's market cap stands at $116.0 million. </li>
<li>SHL Telemedicine (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHLT#NASDAQ">SHLT</a>) shares fell 12.61% to $2.98. The market value of their outstanding shares is at $48.8 million. </li>
<li>NKGen Biotech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NKGN#NASDAQ">NKGN</a>) stock decreased by 12.51% to $0.35. The market value of their outstanding shares is at $12.3 million. 
See Also: <a href="http://www.benzinga.com/money/best-healthcare-stocks/" title="www.benzinga.com/money/best-healthcare-stocks/">www.benzinga.com/money/best-healthcare-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Health Care Stocks Moving In Monday's Pre-Market Session

With U.S. stock futures trading higher this morning on Monday, some of the stocks that may grab investor focus today are as follows:
<ul>
<li>Wall Street expects AAR Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AIR#NYSE">AIR</a>) to report quarterly earnings at 82 cents per share on revenue of $645.50 million after the closing bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. AAR shares edged lower to $69.26 in after-hours trading.</li>
<li>ShiftPixy, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PIXY#NASDAQ">PIXY</a>) announced a 1-for-15 reverse stock split. ShiftPixy shares gained 0.8% to $1.21 in the after-hours trading session.</li>
<li>Analysts expect Red Cat Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RCAT#NASDAQ">RCAT</a>) to post a quarterly loss at 8 cents per share on revenue of $3.85 million after the closing bell. Red Cat shares gained 0.3% to $3.14 in the after-hours trading session.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul>
<li>iBio, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBIO#NASDAQ">IBIO</a>) posted a consolidated net loss of $24.9 million for the fiscal year ended June 30, versus a year-ago loss of $65.01 million. Its revenue jumped 100% to around $0.2 million. iBio shares fell 0.5% to $1.96 in the after-hours trading session.  </li>
<li>Before the markets open, Uxin Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UXIN#NYSE">UXIN</a>) is projected to report earnings results for the first quarter. Uxin shares fell 1.6% to $1.56 in the after-hours trading session.</li>
</ul>
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</ul>

Earnings

News

Pre-Market Outlook

Markets

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PIXY

RCAT

UXIN

AAR, ShiftPixy And 3 Stocks To Watch Heading Into Monday

iBio (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/IBIO#AMEX">IBIO</a>) reported quarterly losses of $(6.50) per share which beat the analyst consensus estimate of $(7.41) by 12.28 percent. The company reported quarterly sales of $225.000 thousand which beat the analyst consensus estimate of $25.000 thousand by 800.00 percent.

Earnings Beats

iBio FY 2024 GAAP EPS $(6.50) Beats $(7.41) Estimate, Sales $225.000K Beat $25.000K Estimate

Brookline Capital analyst Kemp Dolliver initiates coverage on iBio (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/IBIO#AMEX">IBIO</a>) with a Buy rating and announces Price Target of $3.6.

Price Target

Initiation

Analyst Ratings

Brookline Capital Initiates Coverage On iBio with Buy Rating, Announces Price Target of $3.6

<a href="https://patentcenter.uspto.gov/applications/17821295/ifw/docs" title="https://patentcenter.uspto.gov/applications/17821295/ifw/docs">https://patentcenter.uspto.gov/applications/17821295/ifw/docs</a>

Biotech

General

iBio Receives Notice of Allowance for US Patent Application 17/821,295 Titled "Anti-CD-25 Antibody for the Treatment of Cancer"

Chardan Capital analyst Keay Nakae maintains iBio (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/IBIO#AMEX">IBIO</a>) with a Buy and maintains $5 price target.

Chardan Capital Maintains Buy on iBio, Maintains $5 Price Target

Chardan Capital analyst Keay Nakae initiates coverage on iBio (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/IBIO#AMEX">IBIO</a>) with a Buy rating and announces Price Target of $5.

Chardan Capital Initiates Coverage On iBio with Buy Rating, Announces Price Target of $5

iBio (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/IBIO#AMEX">IBIO</a>) reported quarterly losses of $(0.71) per share. This is a 92.55 percent increase over losses of $(9.53) per share from the same period last year.

iBio Q3 EPS $(0.71) Up From $(9.53) YoY

Offerings

iBio Files Prospectus Relates To Resale From Time To Time Of Up To 10.6M Shares Of Common Stock By Selling Stockholders

<h3>Gainers</h3>
<ul>
<li>Avalo Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVTX#NASDAQ">AVTX</a>) stock rose 289.1% to $18.48 during Friday's pre-market session. The market value of their outstanding shares is at $14.8 million. </li>
<li>Xilio Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XLO#NASDAQ">XLO</a>) stock moved upwards by 205.16% to $1.95. The market value of their outstanding shares is at $53.6 million. </li>
<li>Biodexa Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BDRX#NASDAQ">BDRX</a>) shares moved upwards by 78.11% to $1.53. The market value of their outstanding shares is at $6.5 million. </li>
<li>Akanda (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AKAN#NASDAQ">AKAN</a>) shares moved upwards by 50.45% to $0.25. The company's market cap stands at $2.1 million. </li>
<li>iBio (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/IBIO#AMEX">IBIO</a>) shares moved upwards by 27.98% to $4.3. The market value of their outstanding shares is at $14.9 million. </li>
<li>Mesoblast (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MESO#NASDAQ">MESO</a>) shares rose 27.5% to $4.45. The company's market cap stands at $451.5 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>NuCana (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NCNA#NASDAQ">NCNA</a>) shares decreased by 21.9% to $0.24 during Friday's pre-market session. The company's market cap stands at $12.6 million. </li>
<li>PAVmed (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PAVM#NASDAQ">PAVM</a>) stock fell 10.26% to $2.45. The company's market cap stands at $19.7 million. </li>
<li>BioCardia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCDA#NASDAQ">BCDA</a>) shares declined by 8.62% to $0.38. The market value of their outstanding shares is at $9.9 million. </li>
<li>Yield10 Bioscience (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/YTEN#NASDAQ">YTEN</a>) shares decreased by 8.3% to $0.34. The market value of their outstanding shares is at $4.1 million. </li>
<li>LENZ Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LENZ#NASDAQ">LENZ</a>) stock declined by 8.21% to $20.02. The company's market cap stands at $511.1 million. </li>
<li>Nautilus Biotechnology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NAUT#NASDAQ">NAUT</a>) shares fell 7.59% to $2.56. The company's market cap stands at $320.2 million. 
See Also: <a href="http://www.benzinga.com/money/best-healthcare-stocks/" title="www.benzinga.com/money/best-healthcare-stocks/">www.benzinga.com/money/best-healthcare-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Health Care Stocks Moving In Friday's Pre-Market Session

iBio Inc&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBIO#NYSE">IBIO</a>) shares are surging after the company entered into a collaboration agreement with&nbsp;AstralBio Inc.&nbsp;on Wednesday to discover, engineer, and develop antibodies to treat obesity and&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/03/g37953815/ibio-and-astralbio-announce-transformative-ai-drug-discovery-collaboration-to-rapidly-develop-nove" rel="noreferrer noopener">other cardiometabolic conditions</a>.
The shares are trading over 100% with a strong session volume of 38.98 million compared to an average volume of average Volume 106.958K as per data from&nbsp;<a target="_blank" href="https://www.benzinga.com/pro/feature/newsfeed" rel="noreferrer noopener">Benzinga Pro</a>.
This micro-cap biotech player is valued at $4 million, with an enterprise value of $17.7 million.
Tuesday, iBio&nbsp;<a target="_blank" href="https://www.globenewswire.com/Tracker?data=VWqAuWHsbf4qyXl8rzvujAopwBR5KiSlh_LLBysPX1mcmPMn4TfmtBNqWj6u5poldRH_UDrgaKyswkfYky-rXFNgCo2HyR_bvb2UGESTZt6zgajcgsj-rWKk5KQalNKB2lN2MoRkEzVaJjRgjA1x4Aw9myOuLhltEQZXfCG4R6loE8CRtDGNm5dGosBphtSGbVnv18XfCksYNmkjvTX62g==" rel="noreferrer noopener">announced</a>&nbsp;the closing of a $15 million private placement financing with ADAR1 Capital Management, Lynx1 Capital Management, Ikarian Capital, and other institutional investors.&nbsp;
The company will use some of the net proceeds to support new partnerships, such as this collaboration with AstralBio.
As part of the collaboration, iBio has granted an exclusive license to its AI-powered technology to identify and engineer four targets for cardiometabolic disease, of which AstralBio may continue the pre-clinical development and deploy its proven drug development expertise to advance candidates to an Investigational New Drug (IND) application.&nbsp;
iBio has the exclusive option to license three cardiometabolic targets from AstralBio and will receive the rights to develop, manufacture and commercialize those targets upon exercise.&nbsp;
As a result of this collaboration, iBio and AstralBio have agreed to initiate the development of a lead program focused on targeting the transforming growth factor beta (TGFb) superfamily for the treatment of muscle wasting and obesity.&nbsp;
Upon mutual consent, the parties may expand the collaboration to include additional targets in other fields.
&#8220;We are confident our AI-enabled technology is exceptionally well positioned to develop antibodies against challenging targets in the cardiometabolic space,&#8221; said iBio&#8217;s CEO and Chief Scientific Officer, Martin Brenner.
Price Action: IBIO shares are up 147.80% at $2.84 on the last check Wednesday.
Photo via Shutterstock

Health Care

Contracts

Micro-Cap Stock iBio Doubles On Wednesday - Here's Why

IBIO: 119% &#x7C;&nbsp;<a href="https://www.benzinga.com//node/37954771">IBio shares are trading higher after the company collaborated with AstralBio for AI drug-powered antibodies for obesity and cardiometabolic diseases.</a>
DRCT: -49% &#x7C;&nbsp;<a href="https://www.benzinga.com//node/37954575">Direct Digital Holdings shares are trading lower after the company reported worse-than-expected Q4 financial results.</a>
NVCR: 42% &#x7C;&nbsp;<a href="https://www.benzinga.com//node/37954533">Novocure shares are trading higher after the company&#39;s METIS Phase 3 trial met primary endpoint, demonstrating statistically significant extension in time to intracranial progression for brain metastases from non-small cell lung cancer.</a>

DRCT

NVCR

Market-Moving News for March 27th

WIIM

IBio shares are trading higher after the company collaborated with AstralBio for AI drug-powered antibodies for obesity and cardiometabolic diseases.

iBio, Inc. (NYSEA:IBIO) (&quot;iBio&quot; or the &quot;Company&quot;) announces today that it has entered into a collaboration agreement with AstralBio, Inc. (&quot;AstralBio&quot;) to discover, engineer and develop novel antibodies to treat obesity and other cardiometabolic conditions.
Yesterday, iBio&nbsp;<a href="https://www.globenewswire.com/Tracker?data=VWqAuWHsbf4qyXl8rzvujAopwBR5KiSlh_LLBysPX1mcmPMn4TfmtBNqWj6u5poldRH_UDrgaKyswkfYky-rXFNgCo2HyR_bvb2UGESTZt6zgajcgsj-rWKk5KQalNKB2lN2MoRkEzVaJjRgjA1x4Aw9myOuLhltEQZXfCG4R6loE8CRtDGNm5dGosBphtSGbVnv18XfCksYNmkjvTX62g==" target="_blank">announced</a>&nbsp;the closing of a&nbsp;$15 million&nbsp;private placement financing with ADAR1 Capital Management, Lynx1 Capital Management, Ikarian Capital and other institutional investors. The company will use a portion of the net proceeds to support new partnerships, such as this collaboration with AstralBio.

iBio and AstralBio Announce Transformative AI Drug Discovery Collaboration to Rapidly Develop Novel Antibodies for Obesity and Cardiometabolic Diseases

iBio, Inc.&nbsp; an AI-driven innovator of precision antibody immunotherapies, announces today that it has entered into a securities purchase agreement for a private investment in public equity (&quot;PIPE&quot;) financing that is expected to result in gross proceeds to the Company of approximately $15.0 million, before deducting placement agent fees and offering expenses.
Pursuant to the terms of the securities purchase agreement, the Company is selling an aggregate of 5,287,278 shares of common stock (or pre-funded warrant in lieu thereof) and common warrants to purchase up to 5,287,278 shares of common stock at a purchase price of&nbsp;$2.85&nbsp;per share (or pre-funded warrant in lieu thereof), subject to certain beneficial ownership limitations set by each holder.
&ndash; Purchase price of&nbsp;$2.85&nbsp;represents a premium of 148+% to last close &ndash;

Reported Earlier, iBio Raises $15M In Equity Financing, Shares Set At $2.85 Each

Otsuka Pharmaceutical Acquired iBio's Assets Related To Its Early-stage Programmed Cell Death Protein 1 Agonist Program; iBio Will Receive An Upfront Payment Of $1M And Is Eligible To Receive Additional Contingent Cash Payments Of Up To $52.5M

The most oversold stocks in the health care presents an opportunity to buy into undervalued companies.
The RSI is a momentum indicator, which compares a stock&#39;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#39;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the <a href="https://www.benzinga.com/topic/rsi"> RSI is below 30</a>, according to <a href="https://pro.benzinga.com/"> Benzinga Pro</a>.
Here&rsquo;s the latest list of major oversold players in this sector, having an RSI near or below 30.
<h3>iBio, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ibio#NYSE">IBIO</a>)</h3>
<ul>
<li>On Dec. 5, iBio announced pricing of a $4.5 million public offering. The company&rsquo;s stock fell around 11% over the past five days and has a <a href="https://www.benzinga.com/quote/IBIO">52-week low of $1.16 </a>.</li>
<li>RSI Value: 23.25</li>
<li>IBIO Price Action: Shares of iBio fell 4.9% to close at $1.17 on Friday.</li>
</ul>
<h3>GRI Bio, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gri#NASDAQ">GRI</a>)</h3>
<ul>
<li>On Dec. 5, the company announced the initiation of patient enrollment in the Phase 2a biomarker study evaluating GRI-0621 for the treatment of IPF. The company&rsquo;s stock fell around 23% over the past month. It <a href="https://www.benzinga.com/quote/GRI"> has a 52-week low </a> of $0.2838.</li>
<li>RSI Value: 27.58</li>
<li>GRI Price Action: Shares of GRI Bio fell 3% to close at $0.3152 on Friday.</li>
</ul>
<h3>AlloVir, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/alvr#NASDAQ">ALVR</a>)</h3>
<ul>
<li>On Jan. 1, 2024, AlloVir board approved a reduction its workforce by approximately 95% of current employee base to reduce costs and preserve capital. The company&rsquo;s stock fell around 69% over the past month and has a 52-week <a href="https://www.benzinga.com/quote/ALVR"> low of $0.6230.</a></li>
<li>RSI Value: 28.16</li>
<li>ALVR Price Action: Shares of AlloVir gained 5.3% to close at $0.6950 on Friday.</li>
</ul>
<h3>VYNE Therapeutics Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vyne#NASDAQ">VYNE</a>)</h3>
<ul>
<li>On Nov. 13, VYNE Therapeutics posted a narrower-than-expected quarterly loss. &ldquo;We have made substantial progress in advancing our business in recent months,&rdquo; said David Domzalski, President and Chief Executive Officer of VYNE. &ldquo;With positive results from our Phase 1b trial, we believe there is strong support to advance VYN201 as a potential category-leading therapy in the treatment of vitiligo.&rdquo; The company&rsquo;s shares lost around 24% over the past month. The company&rsquo;s 52-week low is $2.00.</li>
<li>RSI Value: 28.98</li>
<li>VYNE Price Action: Shares of VYNE Therapeutics fell 2.8% to close at $2.06 on Friday.</li>
</ul>
&nbsp;
Read More: <a href="https://www.benzinga.com/news/24/01/36609836/beat-inflation-with-these-3-high-yielding-dividend-stocks-in-health-care-sector-from-wall-streets-mo"> Beat Inflation With These 3 High-Yielding Dividend Stocks In Health Care Sector From Wall Street&#39;s Most Accurate Analysts </a>

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Top 4 Health Care Stocks That May Rocket Higher In Q1

iBio's Subsidiary, iBio CDMO And Woodforest National Bank Have Amended The Credit Agreement Dated November 1, 2021, Extending The Maturity Date From December 31, 2023 To The Earlier March 29, 2024, Or The Acceleration Of Maturity Of The Term Loan Followin

iBio's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBIO#NYSE">IBIO</a>) short percent of float has risen 118.62% since its last report. The company recently reported that it has 880 thousand shares sold short, which is 3.17% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.02 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>iBio Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2023/1702044919_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for iBio has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing iBio's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, iBio's peer group average for short interest as a percentage of float is 1.40%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

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Looking Into iBio's Recent Short Interest

iBio reports Q3 results

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
iBio (NYSEMKT:<a href="https://investorplace.com/stock-quotes/ibio-stock-quote/">IBIO</a>) just reported results for the third quarter of 2024.<ul><li>iBio reported earnings per share of -71 cents.</li><li>The company did not report any revenue for the quarter.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
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	The post <a href="https://investorplace.com/earning-results/2024/05/ibio-stock-earnings-ibio-for-q3-of-2024/">IBIO Stock Earnings: iBio Reported Results for Q3 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

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