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Home»Healthcare»Guardant Health falls 11% amid ATM stock sale news (NASDAQ:GH)
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Guardant Health falls 11% amid ATM stock sale news (NASDAQ:GH)

08/27/20241 Min Read
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Doctor holding a paper card with text COLON CANCER, medical concept

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Shares of Guardant Health (NASDAQ:GH) fell 11% Monday morning within the wake of news that the corporate had entered right into a $400M at-the-market stock sale settlement.

Late Friday, Guardant mentioned in a submitting that it had entered into an open market sale settlement with Jefferies for an ATM program that would generate gross proceeds of as much as $400M.

Guardant just lately launched a blood-based take a look at referred to as Shield for the detection of colorectal most cancers. The product will doubtless compete in opposition to stool-based assessments marketed by Exact Sciences (EXAS) and Geneoscopy.

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Source: Seekingalpha

ATM falls Guardant health NASDAQGH news sale stock
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