Corbus Pharmaceuticals Holdings Inc. Stock Sheds 10.2%, Underperforms Competitors

Dow Jones
02-08

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Corbus Pharmaceuticals Holdings Inc. tumbled 10.2% to $10.15 on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 1.4% to 19,523.40 and Dow Jones Industrial Average falling 1.0% to 44,303.40.

This was the stock's second consecutive day of losses.

Corbus Pharmaceuticals Holdings Inc. closed 83.6% below its 52-week high of $61.90, which the company achieved on July 31st.

The stock underperformed when compared to some of its competitors, as Vanda Pharmaceuticals Inc. rose 2.3% to $4.80, Fortress Biotech Inc. fell 2.5% to $1.79, and Viking Therapeutics Inc. rose 3.50% to $32.56.

Trading volume totaled 283,864, compared to the 50-day average of 255,910.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

February 07, 2025 16:33 ET (21:33 GMT)

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