Shares of iBio Inc. IBIO, -1.70% slipped 1.70% to $2.31 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index COMP, +0.90% rising 0.90% to 10,772.40 and the Dow Jones Industrial Average DJIA, +1.12% rising 1.12% to 30,523.80. iBio Inc. closed $22.34 below its 52-week high ($24.65), which the company reached on November 4th.
The stock underperformed when compared to some of its competitors Tuesday, as Novanta Inc. NOVT, +2.27% rose 2.27% to $121.55, Diebold Nixdorf Inc. DBD, +0.37% rose 0.37% to $2.72, and GoPro Inc. GPRO, +0.96% rose 0.96% to $5.26. Trading volume (587,262) eclipsed its 50-day average volume of 107,060.