Why Did PepGen Shares Surge 120% After Hours? - Stifel Financial (NYSE:SF), PepGen (NASDAQ:PEPG)
PepGen Inc. PEPG shares surged 119.55% to $5.84 during after-hours trading on Wednesday following the clinical-stage company’s announcement of an underwritten public offering. Check out the current price of PEPG stock here. Public Offering Details Drive Market ResponseThe Cambridge, Massachusetts-based biotech has announced the launch of an underwritten public offering of common stock and pre-funded warrants. Leerink Partners and Stifel SF are acting as joint book-running managers for the offering, with the ...