CEL-SCI logo

CVM - CEL-SCI News Story

$6.17 0.5  9.4%

Last Trade - 9:10pm

Sector
Healthcare
Size
Small Cap
Market Cap £179.9m
Enterprise Value £159.0m
Revenue £n/a
Position in Universe 4546th / 7405

BUZZ-Microbot Medical: Plunges on discounted stock offering

Fri 27th December, 2019 7:05pm
** Shares of the medical device maker  MBOT.O  slip 20.1% to
$11.19
    ** MBOT shares set for biggest one-day percentage loss in
over a year
    ** Co prices about 952,383 shares at $10.50 each,
representing a 25% discount to the stock's last closing price on
Thursday 
    ** Intends to use net proceeds for developing its SCS device
used in the treatment of hydrocephalus and other brain
disorders, among others (nGNX7NYRxP)
    ** Including session's losses, stock jumped over six-fold
YTD 

 (Reporting by Yajush Gupta in Bengaluru)
 ((Yajush.Gupta@thomsonreuters.com; within U.S. +1 646 223 8780,
outside U.S. +91 88024 43398;))
© Stockopedia 2022, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.