loading
Overview News Price History Financials Why FWBI Down? Discussions Forecast Stock Split

Why is First Wave BioPharma Inc (FWBI) Stock down?

We've noticed a 7.07% decline in First Wave BioPharma Inc (FWBI) stock during the 2024-05-15 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
28 Dec, 2023:

First Wave BioPharma Inc (FWBI) stock dropped by 15.19% due to negative sentiment in the biopharmaceutical sector caused by the announcement related to First Wave BioPharma Inc (FWBI). First Wave BioPharma revealed its intention to sell its Niclosamide program for the treatment of inflammatory bowel diseases. In the biopharmaceutical industry, news of program sales or changes in development strategies of one company can often impact the sentiment and stock prices of other companies in the same sector, leading to declines like the one experienced by Cyclo Therapeutics Inc (CYTH).

Similar to FWBI

biotechnology BMRN
$76.97
price down icon 4.27%
biotechnology ALNY
$151.22
price up icon 2.59%
biotechnology GMAB
$29.65
price down icon 1.89%
biotechnology BGNE
$171.03
price up icon 3.73%
biotechnology ARGX
$376.60
price down icon 0.10%
biotechnology BNTX
$92.98
price up icon 0.85%
Open in Yahoo | Open in Google | Open in Finviz
Cap:     |  Volume (24h):