Harpoon Therapeutics Inc (HARP)

Shares of Harpoon Therapeutics Plc (HARP) dropped by 18.49% from $11.95 to $9.74 in the trading on Monday, November 27, 2023. The reason why HARP is down today is due to a disclosure in SEC filings. Harpoon Therapeutics filed a prospectus indicating its intention to offer up to $8,500,000 worth of shares of its common stock through an at-the-market issuance sales agreement. This action suggests that the company is seeking to raise capital by issuing new shares, a move that can potentially lead to the dilution of existing shareholders' holdings and put downward pressure on the stock price. This news likely contributed to the sharp drop in HARP's stock price.

Harpoon Therapeutics Stock (HARP) dropped by 23.26% from $6.88 to $5.28 in the trading on Monday October 23, 2023. The reason why HARP stock down today is due to a private placement. Harpoon announced a private placement of PIPE equity of up to $150 million. The private placement is expected to result in initial gross proceeds of $100 million with an additional $50 million available upon exercise of warrants.