Avenue Therapeutics Inc (ATXI)

Avenue Therapeutics Stock (ATXI) dropped by 33.07% from $0.3511 to $0.235 in the trading on Tuesday October 31, 2023. The reason why ATXI stock down today is due to the public offering. Avenue Therapeutics announces pricing of $5.0 million public offering, including an aggregate of 16,633,400 units at a public offering price of $0.3006 per unit. The closing of the offering is expected to occur on or about November 2, 2023.