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Why is Aura Biosciences Inc (AURA) Stock down?

We've noticed a 5.02% decline in Aura Biosciences Inc (AURA) stock during the 2024-09-23 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
07 Nov, 2023:

Aura Biosciences Inc Stock (AURA) dropped by 32.55% from $11.00 to $7.42 in the trading on Tuesday November 7, 2023. The reason why AURA stock down today is due to the public offering. Aura Biosciences announced the pricing of an underwritten public offering of 11M shares of its common stock at a price to the public of $9 per share. The offering is expected to close on or about November 9.

$23.65
price up icon 0.25%
$356.81
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$58.86
price up icon 0.80%
$240.40
price up icon 2.11%
$117.47
price down icon 2.35%
$520.52
price down icon 1.26%
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