ALX Oncology Announces Proposed Public Offering; Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
ALX Oncology has announced a proposed public offering. The terms of the offering have not been disclosed.
October 04, 2023 | 8:12 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
ALX Oncology's announcement of a proposed public offering could potentially impact its stock price.
Public offerings often lead to dilution of shares, which can negatively impact the stock price. However, the impact will depend on the terms of the offering, which have not been disclosed yet. Therefore, the score is neutral until more information is available.
CONFIDENCE 70
IMPORTANCE 80
RELEVANCE 100