iBio shares rise 11.49% premarket as news reports surge in trading activity.

iBio (IBIO) surged 11.49% in premarket trading following news highlighted on Spoke.com, which attributed a 16% intraday rise to the stock on June 13, 2023. The article, though delayed by at least 20 minutes, suggested positive momentum tied to the company’s broader market activity alongside peers like Plug Power (PLUG) and Banyan Energy (BNSO). While the exact catalyst for the premarket gain remains unspecified in the provided data, the alignment with the 16% intraday rally implies a continuation of bullish sentiment linked to the same news event. The first news item, referencing Manchester United (MANU), is unrelated to IBIO and thus excluded. The movement aligns with the reported intraday surge, indicating a positive catalyst likely tied to broader market dynamics or sector-specific developments.