iBio (IBIO) Stock: Profit Taking Is Discounting The Opportunity

iBio Inc (NYSEAMERICAN: IBIO) is falling pretty hard in the market this morning, giving up more than 10%. While these declines may be shocking to many, the fact of the matter is that they are creating a bit of an opportunity. Here’s what’s going on:

Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!

Why IBIO Is Falling

There hasn’t been any news that would suggest that declines are ahead. There have been no new hurdles in the development of COVID-19 vaccines, no fund raise announcements, and nothing else that would fundamentally suggest that the stock should fall. However, the declines are understandable.

Read more at Alpha Stock News!

Leave a Comment