Why Ardelyx Inc. Is Down By Double Digits For A Second Day In A Row

After the biotech's shares fell almost 20% Tuesday following its announcement that it would be raising capital two different ways, Ardelyx (NASDAQ: ARDX) stock was trading 14.3% lower early Wednesday afternoon after it revealed the pricing for its secondary stock offering.Ardelyx will sell 12.5 million shares at $4 per share to raise $50 million in the secondary offering.

Topics:  ardelyx nasdaq   ardx    day   secondary   shares   trading   share   stock   million   offering   
BING NEWS:
  • ServiceNow (NOW) Q1 2024 Earnings Call Transcript
    ServiceNow (NYSE: NOW) Q1 2024 Earnings Call Apr 24, 2024, 5:00 p.m. ET Good day, everyone, and welcome to the first quarter 2024 ServiceNow earnings conference call. Today's call is being recorded. I ...
    04/24/2024 - 1:46 pm | View Link
  • Visa (V) Q2 2024 Earnings Call Transcript
    Visa ( V 0.65%) Q2 2024 Earnings Call Apr 23, 2024, 5:00 p.m. ET Welcome to VISA's fiscal second quarter 2024 earnings conference call. All participant lines are in a listen-only mode until the ...
    04/23/2024 - 2:16 pm | View Link
  • Tabloid publisher David Pecker detailed ‘catch-and-kill’ arrangement about stories involving Trump. Here’s what happened.
    Prosecutors in Donald Trump’s hush-money case are making their case that the former president should be held in contempt over a series of posts on his Truth Social platform that they say violated an ...
    04/23/2024 - 7:07 am | View Link
  • FTSE 100 Live: Stocks at record; BoE chief dampens June rate cut hopes
    Blue chips had a stellar morning as the FTSE 100 index soared to a new all-time high of 8.073. Though the index has come back slightly after the first hour of trades, it’s still sitting a healthy 35 ...
    04/23/2024 - 1:09 am | View Link
  • Channeling ‘Friday Night Lights,’ Erik Spoelstra has Heat ready for anything
    Miami won his 28 minutes by 23 points. Wright, by the way, came to Miami after the Washington Wizards bought out the remainder of his contract. Thursday was the two-month anniversary of Wright as a ...
    04/18/2024 - 11:46 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News