DJ Corbus Pharmaceuticals Holdings Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Corbus Pharmaceuticals Holdings Inc. $(CRBP)$ slid 4.86% to $11.35 Wednesday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 1.28% to 20,009.34 and the Dow Jones Industrial Average rising 0.30% to 44,156.73.
Corbus Pharmaceuticals Holdings Inc. closed 81.66% below its 52-week high of $61.90, which the company reached on July 31st.
The stock underperformed when compared to some of its competitors Wednesday, as Vanda Pharmaceuticals Inc. $(VNDA)$ fell 3.55% to $4.35, Fortress Biotech Inc. (FBIO) fell 2.69% to $1.81, and Viking Therapeutics Inc. $(VKTX)$ rose 3.59% to $34.05.
Trading volume (219,175) remained 60,376 below its 50-day average volume of 279,551.
Data source: Dow Jones Market Data, FactSet. Data compiled January 22, 2025.
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January 22, 2025 17:25 ET (22:25 GMT)
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