Medicenna Therapeutics shares are trading lower after the company announced it will be delisted from the Nasdaq and is cutting back its management team.
Portfolio Pulse from Benzinga Newsdesk
Medicenna Therapeutics announced that it will be delisted from the Nasdaq and is reducing its management team, leading to a drop in its share price.
October 27, 2023 | 3:12 pm
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Medicenna Therapeutics' shares are trading lower following the announcement of its delisting from Nasdaq and management team reduction.
The announcement of Medicenna Therapeutics' delisting from Nasdaq and the reduction of its management team has led to a decrease in investor confidence, resulting in a drop in its share price. This is a direct impact on the company's stock.
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