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GRI Bio Stock Rallies 37% On Positive Phase 2a Data For IPF Treatment

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

GRI Bio, Inc. (GRI) shares jumped 37.17 percent to $2.14 on Thursday, rising $0.58, after the biotechnology company reported encouraging interim results from its ongoing Phase 2a trial of GRI-0621 for Idiopathic Pulmonary Fibrosis.

GRI Bio stock traded between $1.96 and $2.87 after opening at $2.12, compared with a prior close of $1.56 on the Nasdaq. Volume spiked to 57.6 million shares, far above the average of 170,000.

The stock's 52-week range is $1.10 to $30.43.

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