Daxor shares are trading lower after the company announced a proposed underwritten public offering.
Portfolio Pulse from Benzinga Newsdesk
Daxor Corporation announced a proposed underwritten public offering, causing its shares to trade lower.
May 22, 2023 | 12:32 pm
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Daxor Corporation's shares are trading lower after the announcement of a proposed underwritten public offering.
Daxor Corporation announced a proposed underwritten public offering, which typically leads to a dilution of existing shares. This news has caused the stock price to trade lower in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100