IBRX Stock Extends 3-Day Slide — Founder Teases New Trial In ‘Unstoppable’ Cancer-Treatment Push
Soon-Shiong teased a trial pairing Pluvicto’s targeted radiation with an IL-15-based immune treatment.
Archived explainer. For the current picture see today's IBRX page.
IMMUNITYBIO INC (IBRX) is up +7.72% in the latest session. Our newswire has captured 1 story on IBRX across 1 source in the last 36 hours, with AI sentiment reading mixed (avg 48/100).
ImmunityBio Inc (IBRX) rose 7.72% to $8.16 on August 25, driven by positive developments in the company's pipeline and a strong performance in its recent quarterly results. The stock opened with a slight gap up and climbed steadily throughout the session, reaching a high of $8.17 before closing near that level. The move comes amid a broader positive backdrop for the biotech sector and follows key regulatory approvals in the UAE for its lead drug.
The primary catalyst for the stock's rise was a report that ImmunityBio’s Q2 adjusted earnings per share came in at -$0.08, beating estimates of -$0.09. Revenue for the quarter was $51.24 million, also exceeding the expected $49.7 million. The company also announced that its lead drug received approval in the UAE for bladder cancer, marking the world's broadest approval for the treatment. Additionally, the company reported that ANKTIVA received UAE approval for NSCLC after the QUILT-3.055 trial showed a median overall survival of 14.6 months in checkpoint-refractory patients.
Founder Patrick Soon-Shiong also teased a new trial that pairs Pluvicto’s targeted radiation with an IL-15-based immune treatment, signaling continued innovation in the company’s cancer treatment pipeline.
The stock opened at $7.63, a 0.7% gap up from the previous close of $7.58. It traded as low as $7.53 early in the session but gained momentum to close at $8.16. The session saw 7.0 million shares traded, which is 0.6 times the 3-month daily average. Over the past eight sessions, the stock has risen 5.9% from $7.51 to $7.95. Meanwhile, insiders have sold a total of $3.9 million in shares over the last 90 days, with the most recent filing on July 6, 2026.
Investors should monitor ImmunityBio’s upcoming developments in its clinical trials and regulatory approvals, as these could drive further momentum. The company’s continued progress in its cancer treatment pipeline will be a key focus for market participants.
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Soon-Shiong teased a trial pairing Pluvicto’s targeted radiation with an IL-15-based immune treatment.
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Earlier IBRX move explainers: 2026-08-26 · 2026-08-25 · 2026-07-11