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Stock Alert: IBio Shares Surge 66% In Pre-Market

Shares of iBio Inc. (IBIO) are soaring over 66% in pre-market today, after the company announced that it would be added to the Russell 2000 and Russell 3000 indexes as part of this year's reconstitution. The additions would be made effective after the U.S. markets open on June 29, 2020.

The stock has been trading in the range of $0.05 - $3.40 for the past one year, and closed Thursday's trade at $1.61, up 6 cents or 3.87%. IBIO is currently trading at $2.68, up $1.07 or 66.46% in the pre-market session.

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