IBIO Stock Price - iBio Inc.ready to rise after shedding a quarter of its value

  • NYSEAMERICAN:IBIO gains around 2% at the beginning of August.
  • Investors remain hopeful that the micro-cap company can provide a COVID-19 vaccine.
  • Shares are set to react to updated coronavirus cases and government support. 

NYSEAMERICAN:IBIO has kicked the month off on the right foot, rising 1.80% on Monday to close at $4.52. After briefly touching a daily high of $4.68, the stock steadily fell throughout the afternoon. A lower than normal trading – volume could be a sign that investors are hesitant about buying or selling the stock ahead of its quarterly earnings announcement in mid-August. iBio Inc. also has a tremendously high short-volume-ratio at 36%, which shows that over a third of investors are banking on the stock price to fall in the future. 

Update 8: IBIO is down but not out – trading 8.5% higher in Wednesday's pre-market trading and licking its wounds from the crash of 25.2% on Tuesday. The pharma firm's issues and Russia's vaccine announcement fueled a ferocious bear attack. Robinhood traders may now jump in, especially as gold is tumbling down.

Update 7: After edging up at the beginning of Friday's session, Ibio Inc is trading some 4.68% down, changing hands under $4. IBio's links to China – working with a factory based in Beijing – may have an adverse impact. Sino-American relations are worsening. See Reports US to sanction Hong Kong leader Carrie Lam

Update 6: Friday's pre-market trading is pointing to a rebound of sorts for Ibio, with a minor rise. The company seems able to weather the storm – and especially fierce competition. Another firm, Vaxart, has been receiving attention after publishing robust financial results. Fending off competitors may not be necessary if government funding is secured.  

Update 5: Thursday's session has been characterized by selling of various shares in the electric vehicle and also coronavirus sectors. Ibio Inc. is trading around $4.20 at the time of writing, down some 4.5% and contrary to pre-market trading. Is this correction a buying opportunity? Or perhaps markets may find other stocks. Another such company is NVAX, which has three reasons to rise.

Update 4: Thursday's could turn into IBIO's day, with a projected upside open at 4.5% higher. OWS funds going to Johnson and Johnson and Dr. Anthony Fauci's drive toward immunization have both been helping all companies developing vaccines to move higher.

Update 3: Ibio Inc. has defied selling pressure and is rising around 1% in Wednesday's trading, despite opening on lower ground. It seems that the Novavax's highly publicized progress in developing immunization is lifting all companies involved in the race to provide humanity with a silver bullet – despite downbeat projections by the World Health Organization. NYSEAMERICAN: IBIO is holding its ground at $4.43 at the time of writing. 

Update 2: NYSEAMERICAN: IBIO is expected to kick off Wednesday's trading on the back foot, extending the 2.88% loss experienced on Tuesday. While Ibio's plant-based immunization sounds promising, it is essential to note that the coronavirus vaccine field is becoming crowded.

Update: Ibio Inc has kicked off Tuesday's trade some profit-taking, falling at the open but bouncing back to around $4.50 later on. Coronavirus cases in Florida, Texas, California, and other states are in play, and so is news about the next fiscal relief package. 

iBio Inc. is positioning itself well, whether it is able to create a COVID-19 vaccine, or, perhaps more realistically, it ends up helping to manufacture another company’s vaccine. Its FastPharming Facility has shown that it can mass-produce plant-based vaccines in a short period, making it an ideal partner for a successful vaccine maker. One other note that is not often mentioned is that iBio Inc. has a partnership with a vaccine company in China called CC Pharming. The significance here is that CC Pharming has already successfully created a vaccine for a sister-strain of COVID-19 – so iBio Inc. should have access to some extremely valuable information and knowledge. 

iBio Stock Forecast


iBio Inc. stock price may remain flat until any sort of news or announcement acts as a catalyst ahead of their earnings call. With President Donald Trump announcing that he has a desire for schools to be open come September, the next month could be a mad scramble for companies, like iBio Inc., to get a vaccine to market, if possible.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.

Feed news

Latest Forex News

Latest Forex News

Editors’ Picks

EUR/USD trades at fresh September lows

Risk-aversion is the main theme this Monday, amid resurgent coronavirus cases in the Old Continent and the announcement of  new lockdowns. ECB’s Lagarde said the economic recovery in the EU is “very uncertain, uneven and incomplete.”


GBP/USD extends slump sub-1.2800

The Pound plunged on a dismal market mood, as PM Johnson acknowledged the kingdom is undergoing a second coronavirus wave. GBP/USD trades at one-week lows around 1.2800.


XAU/USD bullish bias starting to fade

Gold prices are testing the bull's commitments at the support structure around $1,906 in what could be a final test before the next leg higher of the bullish trend.

Gold News

Bitcoin needs to defend critical support level at $10,600

Bitcoin was trading inside an ascending triangle pattern between September 3 and September 15, which is created when the price establishes higher lows and a horizontal trendline around the swing highs. 

Read more

WTI plummets to $39, down more than 4%

Crude oil prices closed the previous week sharply higher but erased a large portion of those gains on Monday. As of writing, the barrel of West Texas Intermediate was down 4.2%, the biggest daily percentage decline in nearly two weeks, at $39.15.

Oil News