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1.31
2.34%
+0.03
Pre-market:
1.27
-0.04
-3.05%
Why is ImmunoPrecise Antibodies Ltd (IPA) Stock down?
We've noticed a 6.57% decline in ImmunoPrecise Antibodies Ltd (IPA) stock during the 2024-04-30 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!
06 Dec, 2023:
Shares of ImmunoPrecise Antibodies Ltd (IPA) dropped by 24.68% from $1.54 to $1.16 in the trading on Wednesday, December 6, 2023. The reason why IPA is down today is due to the company's announcement of a public offering of common shares, totaling $1.1 million. ImmunoPrecise Antibodies Ltd's decision to conduct a public offering of common shares, potentially diluting existing shareholders, led to a negative reaction from investors. The offering's pricing and the potential dilution likely contributed to the significant drop in the stock price.
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