Xenetic Biosciences Inc (NASDAQ:XBIO) Stock Slumps 23% On Profit Booking
The week did not end on the right note for Xenetic Biosciences Inc (NASDAQ:XBIO) as the biopharmaceutical firm saw its stock crash by as much as 23% on Friday. There was no fresh news about the company yesterday but earlier on in the week the company had made a key announcement that investors need to take a look into. This past Wednesday the company announced that it successfully completed the…