Why Is INBS Stock Rising Today?

Intelligent Bio Solutions Inc. (INBS) shares soared 20% in Wednesday’s pre-market trade after the company announced a new manufacturing partnership to increase its production capability and boost margins.

The firm announced that it has partnered with Syrma Johari Medtech, a medical device engineering and manufacturing organization based in India.

Retail sentiment on Stocktwits regarding Intelligent Bio Solutions was trending in the ‘neutral’ territory at the time of writing.

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Also See: Why Is CORT Stock Falling Today?

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