Standard Biotools (LAB) Stock Faces Significant Decline of $0.60 on October 4th
Standard Biotools (LAB) faced a challenging day on October 4th as its shares opened at $2.48, marking a 22.22% drop to close at $2.10. Despite a market capitalization of $213.20 million, investors closely watched the stock due to its 52-week high at $3.16 and 52-week low at $0.92.
by Surya
Updated Oct 05, 2023
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LAB Stock Faces Significant Decline
On October 4th, Standard Biotools (LAB) opened the trading day at $2.48, slightly lower than the previous day's closing value of $2.70. However, the stock saw volatility throughout the day, with the highest price reaching $2.48 and the lowest dropping to $2.00. This price fluctuation resulted in a trading day that closed at $2.10, reflecting a decrease of $0.60 or 22.22% from the previous day's closing price.
The market capitalization of Standard Biotools stood at $213.20M on October 4th, indicating the company's overall market value. Despite the day's price drop, the stock did not experience further changes in after-hours trading, maintaining a closing value of $2.10. Investors may have been closely monitoring the stock's performance, considering its 52-week high at $3.16 and its 52-week low at $0.92.
Here’s the share value data for Standard Biotools (LAB) on October 4th presented in a table format below;
|
Metric |
Value |
|
Previous Closing |
$2.70 |
|
Opening |
$2.48 |
|
High |
$2.48 |
|
Low |
$2.00 |
|
Closing |
$2.10 |
|
After Hours |
$2.10 |
|
Market Capitalization |
$213.20M |
|
P/E Ratio |
- |
|
Dividend Yield |
- |
|
52-Week High |
$3.16 |
|
52-Week Low |
$0.92 |
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