Investors Pick Up DRRX 28.3% Cheaper Than Its Secondary Stock Offering
May 10, 2021 at 09:59 AM EDT
Looking back to 95 days ago, Durect Corp (DRRX) priced a 17,708,333 share secondary stock offering at $2.40 per share. Buyers in that offering made a considerable investment into the company, expecting that their investment would go up over the course of time..