Avinger Inc: Shares fall on stock offering

Avinger

22/08/2019 14:07

** Medical device maker's shares  AVGR.O  down 32.3% at
$1.13 premarket 
    ** AVGR on track to open at a record low if premarket losses
hold
    ** Stock offering of 3.8 mln shares priced at $1.18/shr, a
29.3% discount to AVGR's Wednesday close  urn:newsml:reuters.com:*:nASB0207J
    ** Offering represents about 59.2% of company's 6.4 mln
shares outstanding - Refinitiv data
    ** Up to Wednesday's close, stock had fallen 44.3% YTD

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