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Why did biovie Inc (BIVI) stock plunge 61%?

BioVie (BIVI) stock plunges 61% in spite of positive phase III Alzheimer's Disease study results due to significant study conduct violations and protocol deviations reported by the company. Get the latest BioVie Inc. (BIVI) stock news and headlines to help you in your trading and investing decisions.

How has Bivi stock performed over the past month?

Actively observing the price movement in the last trading, the stock closed the session at $5.89, falling within a range of $5.90 and $9.68. The value of beta (5-year monthly) was 2.48. Referring to stock’s 52-week performance, its high was $8.26, and the low was $1.33. On the whole, BIVI has fluctuated by 101.77% over the past month.

Is biovie Inc (BIVI) a good stock to buy?

BioVie Inc. (BIVI) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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