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Ambrx Biopharma (AMAM) Stock Tumbles by 18.65% on October 16

Ambrx Biopharma (AMAM) witnessed a sharp decline on October 16, 2023, with its stock plunging 18.65%, resulting in a substantial loss of $2.62 per share. 

by Surya

Updated Oct 17, 2023

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Ambrx Biopharma (AMAM) Stock Tumbles by 18.65% on October 16

Ambrx Biopharma (AMAM) Stock Tumbles by 18.65%

Ambrx Biopharma

NASDAQ: AMAM

October 16th, 2023: $11.43

−2.62 (18.65%)

Ambrx Biopharma (AMAM) Stock Tumbles by 18.65% on October 16

Opening Price

$16.21

After-Hours

$10.70

Daily High

$16.28

After-Hours Increase

6.39%

Daily Low

$8.20

52-Week High

$16.86

Closing Price

$11.43

52-Week Low

$0.38

Decrease

18.65% or -$2.62

Market Cap

$4.94B USD

 

On October 16th, 2023, Ambrx Biopharma (NASDAQ: AMAM) exhibited a significant drop in value compared to the previous day's closing price of $14.05. The stock opened at $16.21, which was notably lower than the prior day's closing price of $14.05. Throughout the trading day, AMAM experienced a price range between the daily high of $16.28 and the low of $8.20, reflecting a considerable intraday fluctuation. It eventually closed at $11.43, signifying a 18.65% or − $2.62 decrease from the previous day's value. After hours, AMAM saw a slight decrease, with the price at $10.70, indicating a 6.39% increase.

Ambrx Biopharma's 52-week performance demonstrated a substantial variance, with the stock's highest point in the past year reaching $16.86 and the lowest at $0.38. The market capitalization stood at an impressive $4.94B USD. 

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