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flag ImmuPharma shares dropped 31.4% on Monday amid heavy trading, with no public reason given.

flag ImmuPharma (LON:IMM) shares plunged 31.4% on Monday, closing at GBX 6.70 after a surge in trading volume to 27.3 million shares—242% above average. flag The drop followed a previous close of GBX 9.76, with the stock trading below its 50-day and 200-day moving averages. flag The company, a London-listed biopharmaceutical firm developing peptide-based therapies for autoimmune diseases, has a market cap of £33.68 million and a negative P/E ratio. flag Its lead candidate, P140 (Lupuzor™), is in development for lupus. flag No public explanation for the decline was provided.

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