Puma Biotech (PBYI) Prices 3.75M Common Stock Offering at $40/Share

Puma Biotech (PBYI) on Watch as Offering Said in Doubt

October 19, 2016 1:25 PM EDT

Puma Biotech (NYSE: PBYI) was in focus amid doubts about the success of its $150 million common stock offering.

$PBYI -16%. Im hearing weak investor demand for stock offering announced last night.

Adam Feuerstein (@adamfeuerstein) October 19, 2016

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Puma Biotech (PBYI) Announces $150M Common Stock Offering

October 18, 2016 4:15 PM EDT

Puma Biotechnology, Inc. (NYSE: PBYI) announced that it is commencing an underwritten public offering of $150 million of shares of its common stock. Puma Biotechnology intends to grant the underwriters a 30-day option to purchase up to an additional $22.5 million of shares of its common stock.... More