89bio, Inc. Hits New 52-Week High of $15.06, Up 76.62%
89bio, Inc., a player in the Pharmaceuticals & Biotechnology sector, has reached a significant milestone by hitting a new 52-week high of USD 15.06 on September 18, 2025. This achievement marks a remarkable increase in the stock's performance, reflecting a 76.62% rise over the past year, significantly outperforming the S&P 500, which has seen a gain of 17.14% during the same period.With a market capitalization of USD 1,271 million, 89bio, Inc. continues to establish its position within the industry. The stock's journey from a 52-week low of USD 4.16 to its current high illustrates a strong upward trend. Despite being a loss-making entity, the company maintains a price-to-book ratio of 2.44, indicating its valuation relative to its assets.
Investors and market observers will be keen to monitor how 89bio, Inc. navigates its future endeavors following this notable achievement in its stock performance.
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