89bio Soars 18.47% on Earnings Report, Options Volume Surges

On April 23, 2025, 89bio's stock surged by 18.47% in pre-market trading, marking a significant rise that has caught the attention of investors and analysts alike.

89bio recently released its quarterly earnings report, revealing a loss of $1.02 per share for the quarter. This financial update has sparked discussions among investors about the company's performance and future prospects.

Additionally, 89bio has seen an unusually large volume of options trading, indicating heightened interest and potential speculative activity in the stock. This surge in options volume suggests that traders are positioning themselves for significant price movements in the near future.