U.S. markets closed
  • S&P 500

    4,455.48
    +6.50 (+0.15%)
     
  • Dow 30

    34,798.00
    +33.18 (+0.10%)
     
  • Nasdaq

    15,047.70
    -4.54 (-0.03%)
     
  • Russell 2000

    2,248.07
    -10.97 (-0.49%)
     
  • Crude Oil

    73.95
    +0.65 (+0.89%)
     
  • Gold

    1,750.60
    +0.80 (+0.05%)
     
  • Silver

    22.42
    -0.26 (-1.16%)
     
  • EUR/USD

    1.1718
    -0.0029 (-0.25%)
     
  • 10-Yr Bond

    1.4600
    +0.0500 (+3.55%)
     
  • GBP/USD

    1.3681
    -0.0040 (-0.29%)
     
  • USD/JPY

    110.6850
    +0.3840 (+0.35%)
     
  • BTC-USD

    43,240.05
    +579.14 (+1.36%)
     
  • CMC Crypto 200

    1,067.20
    -35.86 (-3.25%)
     
  • FTSE 100

    7,051.48
    -26.87 (-0.38%)
     
  • Nikkei 225

    30,248.81
    +609.41 (+2.06%)
     

Why Clovis Oncology's Stock Is Trading Lower Today

  • Oops!
    Something went wrong.
    Please try again later.
·1 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

Clovis Oncology, Inc. (NASDAQ: CLVS) shares are trading lower on Tuesday.

Late Monday, the company announced a common stock offering of $85 million. The company announced the pricing of 11 million shares of its common stock in an underwritten public offering at a price to the public of $8.05 per share.

Clovis Oncology is a biopharmaceutical company. It is focused on acquiring, developing and commercializing innovative anti-cancer agents in the U.S., the EU, and additional international markets. The firm targets its development programs for the treatment of specific subsets of cancer populations.

Clovis Oncology shares were trading down 13.39% at $7.76 on Tuesday. The stock has a 52-week high of $17.61 and a 52-week low of $2.93.

Related Links:

Gilead Analysts See Questionable Commercial Opportunity For Coronavirus Candidate Remdesivir

Moderna, Lonza Strike Deal To Manufacture Up To 1 Billion Doses Of Coronavirus Vaccine Candidate Annually

See more from Benzinga

© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.