Keryx Biopharma (KERX) Slumps Following Dilutive Stock Offering

January 29, 2013 4:31 PM EST
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Keryx Biopharmaceuticals, Inc. (NASDAQ: KERX) shares are dipping in after-hours trading Tuesday after announcing that it commenced a $55 million common stock offering.

Striking while the iron is hot, Keryx shares are up 143 percent since the close last Friday on stronger Zernex results.

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