Why Codexis Stock Is Falling After Hours Today
Codexis stock falls after hours after pricing a discounted public offering. Here's why CDXS shares are moving today.
Codexis is selling new shares at a lower price than usual, which means the company needs money but existing owners' pieces get smaller. When a company does this, investors often sell shares because they're worried about what it means for the future.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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