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iBio Inc. stock underperforms Thursday when compared to competitors

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Terrence Horan

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Shares of iBio Inc. IBIO, -6.22% slipped 5.73% to $0.88 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index COMP, -0.82% rising 1.73% to 14,823.43 and the Dow Jones Industrial Average DJIA, +0.21% rising 1.56% to 34,912.56. This was the stock's second consecutive day of losses. iBio Inc. closed $1.95 short of its 52-week high ($2.83), which the company achieved on February 10th.

The stock underperformed when compared to some of its competitors Thursday, as Novanta Inc. NOVT, +2.86% rose 2.06% to $162.96, Diebold Nixdorf Inc. DBD, +3.80% rose 3.93% to $10.59, and GoPro Inc. GPRO, -2.74% rose 1.12% to $9.02. Trading volume (6.6 M) eclipsed its 50-day average volume of 2.7 M.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.