Favorable Press Coverage Somewhat Unlikely to Impact iBio (NASDAQ:IBIO) Stock Price

Media stories about iBio (NASDAQ:IBIO) have been trending positive recently, according to Accern. The research firm ranks the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. iBio earned a daily sentiment score of 0.29 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 45.8482497081417 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

iBio (IBIO) traded down $0.01 during mid-day trading on Friday, reaching $0.28. The company’s stock had a trading volume of 89,188 shares, compared to its average volume of 487,710. iBio has a 12-month low of $0.26 and a 12-month high of $0.56.

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About iBio

iBio, Inc is a biotechnology company. The Company is focused on commercializing its technologies and product candidates and providing product development and manufacturing services to clients and collaborators. Its technologies include iBioLaunch technology and iBioModulator. The Company’s technologies constitute a transformative platform for development and production of biologics in hydroponically grown green plants.

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