GTx,
Inc. (NASDAQ:GTXI) plunged 11.29% to $2.83. The company announced
the pricing of an underwritten public offering of 14,285,715 shares of its
common stock at a price to the public of $2.80 per share.
The gross proceeds to GTx from this offering are expected
to be approximately $40.0 million, before deducting underwriting discounts and
commissions and other estimated offering expenses.
The stock opened at $2.88 and is trading within the range
of $2.83-$3.91.
RadiSys
Corporation (NASDAQ:RSYS) went down 1.11% to $9.80. The company posted
third-quarter net income of $2.2 million or $0.09 per share, compared with a
net loss of $832 thousand or $0.04 per share in the same quarter last year.
Revenue for the quarter was $75.16 million, up 6.7% from
$70.44 million in the prior year period. Analysts expected revenues of $74.80
million.
Over the past 52-week, the stock traded within the range
of $7.13-$11. The stock went down more than 1% year-to-date.
Broadcom Corporation (NASDAQ:BRCM) is
trading at $40.19 and increased 7.98% from the previous day’s close. Yesterday,
the company announced its intention to offer, approximately $600 million of
Senior Notes. The final amount of the offering will be determined by Broadcom
in light of market and other conditions. Broadcom expects to use the net
proceeds from the offering for general corporate purposes.
Over
the past 52-week, the stock had traded within the range of $25.76-$40.60. At
current market price, the market capitalization of the company is $20.24
billion. The stock made its fresh 52-week high of $40.60.
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