Jacobio-B Shares Drop Over 5% to HKD 5.42

Edgen Stock

·Feb 03 2026, 06:28

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Key Takeaways

Jacobio-B (01167.HK) experienced a significant sell-off on February 3, 2026, with its share price declining over 5% on notable trading volume. The stock closed at its intraday low, signaling strong bearish sentiment and raising questions about the company's near-term outlook.

Price Decline: Jacobio-B shares fell 5.079% to close at a price of HKD $5.42.
Trading Activity: The stock saw a total turnover of HKD $17.21 million from 3.11 million shares traded.
Market Sentiment: The drop points to potential investor concerns over clinical trial data or competitive pressures, likely leading to increased short-term volatility.

Stock Tumbles Over 5% to Intraday Low

On February 3, 2026, shares of biotechnology firm Jacobio-B (01167.HK) declined sharply, falling 5.079% by 1:55 PM to a price of HKD $5.42. The stock closed at its session low after reaching a high of HKD $5.80 earlier in the day. Trading was active, with a total volume of 3.1056 million shares changing hands, resulting in a turnover of HKD $17.21 million. This price action suggests strong selling pressure took hold during the trading session.

Bearish Close Signals Potential Headwinds

Finishing the day at its lowest price indicates significant bearish sentiment and could attract further scrutiny from investors. The sharp decline may reflect market anxiety regarding unreleased clinical trial data, new developments from competitors, or a broader downturn in the biotechnology sector. This event is likely to increase near-term volatility for Jacobio-B's stock as market participants reassess the company's prospects and potential risks.