
Biotech Stocks Surge After Hours: IO Biotech Jumps 19%, Cue Biopharma And Cabaletta Bio Follow

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Biotech stocks saw significant gains in after-hours trading on Wednesday, led by IO Biotech, which surged 19.36% to $0.25 after announcing plans to explore strategic alternatives to maximize shareholder value. Other notable movers included Cue Biopharma (+10.67% to $0.42), InfuSystem Holdings (+7.19% to $9.24), and Cabaletta Bio (+7.68% to $2.52). Despite the absence of specific news for many, investor interest remained strong, driving these stocks higher in extended trading.
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