Why Did Indaptus Therapeutics, Inc. (INDP) Plunge 11.6%?

On June 24, 2025, Indaptus Therapeutics, Inc. (INDP) experienced a significant drop of 11.6% in pre-market trading, marking a notable shift in investor sentiment towards the biotech company.

Indaptus Therapeutics, Inc. (INDP) saw a significant surge in trading volume on June 23, 2025, with a total turnover marking a substantial increase from the previous day. This surge placed Indaptus at a higher position in the day's stock market rankings, reflecting investor interest and potential developments within the biotech industry.

On June 23, 2025, Indaptus Therapeutics, Inc. (INDP) experienced a notable increase in its stock price during Monday's pre-market trading. This surge was part of a broader movement in the biotech sector, where several companies saw significant price changes. The company's stock price rose sharply, reflecting investor interest and potential developments within the biotech industry.

Indaptus Therapeutics, Inc. (INDP) announced a $2.25 million private placement priced at-the-market under Nasdaq rules. This financial move is expected to provide the company with additional capital to support its ongoing operations and potential developments in the biotech sector.