Indication intelligence, analysis and sector perception

Athersys (ATHX) prices offering at $1.01 and is DOWN -$0.48 in the pre-market

January 26, 2017 4:51pm

19.8 M are oofered as the stock closed FLAT at $1.52, watch for the discount spiral - SELL

The pre-market indication is DOWN -$0.48 or -31.58%

A $0.51 discount the previous close - UGLY ...

ATHX intends to offer for sale 19.8 M shares of its common stock in an underwritten public offering pursuant which will be sold by William Blair & Company, L.L.C. acting as sole book-running manager and Needham & Company, LLC is acting as lead manager for the offering.

ATHX closed at $1.52 and is DOWN -$0.48 or 31.58% in the pre-market - SELL

 ... UGLY

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What's Happening Today

1 hour 46 min ago
RegMed Investors (RMi) Closing Bell: this week’s trend is an admission that the sector is without pricing sustainability suppressing a value directional

10 hours 48 min ago
RegMed Investors’ (RMi) pre-open: the down draft doesn’t seem to be over

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