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  3. Standard Biotools (LAB) Stock Faces Significant Decline of $0.60 on October 4th

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

Published Oct 05, 2023 | Updated Oct 05, 2023 | ๐Ÿ“– 1 min read

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Standard Biotools (LAB) Stock Faces Significant Decline of $0.60 on October 4th

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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