Arcus Biosciences shares fall following announcement of common stock offering
RCUS Arcus Biosciences Inc
$19.10 -19.58%
View chart & analysis → - 1Arcus Biosciences Inc announced a common stock offering.
- 2The company plans to grant underwriters an option to purchase up to 15% additional shares for 30 days.
- 3Arcus Biosciences Inc shares fell 6.6% in Wednesday after-hours trading.
So what's the key point?
Arcus Biosciences Inc decided to issue and sell new shares. Following this news, the stock price fell by approximately 6.6%.
Source Investing.com +1 · View original ↗
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