ARTICLE | Financial News
Proteostasis withdraws offering after short report
March 21, 2018 8:51 PM UTC
Proteostasis Therapeutics Inc. (NASDAQ:PTI) withdrew its proposed follow-on Tuesday evening, citing market conditions.
Proteostasis had proposed Monday after market hours to sell 9 million shares. The company lost $1.83 (26%) to $5.16 on Tuesday, then regained $0.31 to $5.47 on Wednesday...
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