Omeros (OMER) Slammed After Pricing Offering Well Below Market Value
Tweet Send to a FriendGet Alerts OMER Hot Sheet
Trade OMER Now!
Omeros Corp. (Nasdaq: OMER) slammed at the open following pricing of its common stock offering.
According to an earlier release, the company priced a nearly 3 million common stock offering at $10.25 per share. Pricing was 23 percent below Tuesday's closing at $13.25.
Shares are down about 17 percent early.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
According to an earlier release, the company priced a nearly 3 million common stock offering at $10.25 per share. Pricing was 23 percent below Tuesday's closing at $13.25.
Shares are down about 17 percent early.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- J.P. Morgan (JPM) CEO Dimon Might Have Enough Votes to Stay Chairman - NY Times
- Tesla (TSLA) Rips GM (GM), Chrysler Following Gov't Loan Repayment
- Investors Brace for Epic Herbalife (HLF) Short Squeeze
Create E-mail Alert Related Categories
Equity Offerings, Insiders' Blog, Momentum MoversLogin with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!

Up)