HilleVax shares are trading lower after the company announced pricing of its previously-announced public offering of common stock.
Portfolio Pulse from Benzinga Newsdesk
HilleVax has announced the pricing of its previously-announced public offering of common stock, leading to a decrease in its share price.
September 20, 2023 | 12:52 pm
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HilleVax's share price has decreased following the announcement of its public offering pricing.
The announcement of the pricing of HilleVax's public offering has led to a decrease in its share price. This is likely due to the dilution effect of the new shares, which can lead to a decrease in the value of existing shares.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100