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Trade-Ideas LLC identified

iBio

(

IBIO

) as a "dead cat bounce" (down big yesterday but up big today) candidate. In addition to specific proprietary factors, Trade-Ideas identified iBio as such a stock due to the following factors:

  • IBIO has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $50.5 million.
  • IBIO has traded 1.9 million shares today.
  • IBIO is up 19% today.
  • IBIO was down 20.2% yesterday.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in IBIO with the Ticky from Trade-Ideas. See the FREE profile for IBIO NOW at Trade-Ideas

More details on IBIO:

iBio, Inc., a biotechnology company, focuses on the commercialization of its proprietary plant-based protein expression technologies in the United States and internationally.

The average volume for iBio has been 357,400 shares per day over the past 30 days. iBio has a market cap of $36.8 million and is part of the health care sector and drugs industry. The stock has a beta of 0.90 and a short float of 0.2% with 0.00 days to cover.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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