Why iBio Stock Is Soaring Today
Shares of iBio (NYSEMKT: IBIO) were up by 6.8% as of 11:38 a.m. EDT after climbing by as much as 19.5% earlier today, following the company's announcement that it has selected its leading COVID-19 vaccine candidate. In other words, this biotech stock will remain volatile, and only investors who can stomach the risk should consider initiating a small position in iBio.