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

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iBio IBIO Stock News

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:

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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.

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