Autolus Tanks After Pricing of Public Offering
December 09 2022 - 05:58AM
TipRanks
Shares of Autolus Therapeutics (NASDAQ: AUTL) tanked by more than
20% in pre-market trading on Friday after the clinical-stage
biopharmaceutical company announced the pricing of its public
offering. Autolus will offer 75 million American Depositary Shares
(ADS) in the United States representing 75 million ordinary shares
at a price of $2.00 per ADS, for total gross proceeds of $150
million. Autolus scores a Strong Buy consensus rating from Wall
Street analysts based on four unanimous Buys.
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Autolus Therapeutics (NASDAQ:AUTL)
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