 
                                            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 | ๐ 1 min read
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 | 
 
                                 
                                             
                                             
                                            