Similar Stories to Why Ardelyx Inc. Is Down By Double Digits For A Second Day In A Row on Bing News

newsfeedback@fool.com (Brian Orelli), The Motley Fool
Wed, 05/23/2018 - 10:39am

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.

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Topics:  ardelyx nasdaq   ardx    day   secondary   shares   trading   share   stock   million   offering   
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