Vaxart shares are trading lower after the company announced a $15 million public offering of common stock.
Portfolio Pulse from Benzinga Newsdesk
Vaxart announced a $15 million public offering of common stock, causing its shares to trade lower.
June 07, 2023 | 6:38 pm
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Vaxart's stock price is trading lower due to the announcement of a $15 million public offering of common stock.
Vaxart's announcement of a $15 million public offering of common stock has led to a decrease in its stock price. This is because the offering dilutes the value of existing shares, making them less attractive to investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100