price down icon5.46%   -0.13
after-market  After Hours:  2.25 

Why is Intelligent Bio Solutions Inc (INBS) Stock down?

We've noticed a 5.46% decline in Intelligent Bio Solutions Inc (INBS) stock during the 2024-05-17 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!
02 Oct, 2023:

Intelligent Bio Solutions Stock (INBS) dropped by 53.49% from $1.03 to $0.48 in the trading on Monday October 2, 2023. The reason why stock INBS is down is due to a share offering. The company announced details of a public share offering, selling 7,272,727 shares of INBS stock at a price of 55 cents to raise $4 million in gross proceeds from the offering.

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