Rafael Holdings hits near 4-month low on capital raise

Rafael Holdings

20/08/2021 15:00

** Shares of oncology firm Rafael Holdings  RFL.N  drop as
much as 10.2% to $39.890, a near four-month low
    ** Co announces private placement of ~2.9 mln shares to
raise $104.2 mln  urn:newsml:reuters.com:*:nPn4VfBrqa
    ** Stock set for its worst day in nearly six months, heads
for a fourth straight day of losses
    ** RFL up 90.5% YTD

 (Reporting by Ambar Warrick)
 ((Ambar.Warrick@thomsonreuters.com; +91-80-6182-2837;))