Why Arbutus Biopharma's Stock Is Trading Lower Today
Arbutus Biopharma's Stock Price And Volume Action
Arbutus Biopharma's (NASDAQ:ABUS) stock has been falling Wednesday, down 10.22% to a price of $3.02. The stock's volume is currently 1.60 million, which is roughly 131.99% of its recent 30-day volume average of 1.22 million.
Why It's Moving
Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Arbutus Biopharma shares are trading lower after the company reported worse-than-expected Q1 sales results.
Further Analysis of Recent Price Action
The 50-day moving average price of Arbutus Biopharma's stock was $3.45 when this article was published. The stock reached a high of $9.02 and a low of $1.07 in the past 52 weeks.
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