Friday morning was brutal for Autolus Therapeutics (AUTL) and its investors as shares plummeted over 35%. This was caused by the announcement executives at the company made yesterday after the market closed. In short, the company is diluting the shares and diminishing stock value. The company plans to initiate 75 million American depositary shares [...]
The biggest mover so far this morning on the stock market is TSHA - Taysha Gene Therapy. They’re making huge moves up almost 50% before noon EST. If you’re not yet familiar with this company, the name alone tells you that they're engaged in gene therapy. But more specifically, they engage in the development [...]
What a week it’s been for NGM Biopharmaceuticals - and anyone currently invested in the company. Monday morning NGM stock tanked over 70% - down to $3.07 from $11.53. But today, the stock is making a big move in the other direction, covering 20% of the loss seen just 3 days ago. What happened? [...]
