IMAB Stock Drops Amidst Biotech Sector Movements

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Dec 06, 2024
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IMAB.us experienced a significant stock drop of 5.69%, with the price reaching $0.990 per share and a trading volume of 135,482 shares. The turnover rate was 0.17%, and the stock showed a volatility of 7.62%. Recent financial reports indicated zero revenue, a net loss of $17.82 million, and earnings per share at -$0.30, resulting in a price-to-earnings ratio of -1.04.

Despite this, both participating institutions rated the stock as a buy. Within the biotechnology sector, which saw an overall increase of 0.18%, other stocks like Psyence Biomedical Ltd and Surrozen Inc showed notable gains and high turnover rates.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.