GTx raises $47.5 million

GTx Inc. (NASDAQ:GTXI) raised $47.5 million through the sale of 10 million shares at $4.75 in a follow-on underwritten by Citi and Jefferies. GTx proposed the offering late Wednesday, when its stock price was $5.23. GTx fell $0.60 (11%) to $4.63 on Thursday. ...