$SPRB

2 stories mentioning SPRBUpdated 80d ago

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Top Midday Decliners

Spruce Biosciences (SPRB) reported overnight that it priced a $60 million public offering of its common shares and pre-funded warrants.Shares sank 24% following an increase in intraday trading volume to over 472,000 from a daily average of about 46,000.Tractor Supply's (TSCO) Q1 results disappointed, with EPS missing consensus and revenue below the consensus estimate.Shares slumped 10% as intraday trading volume climbed to more than 15 million from a daily average of about 6.76 million.Washington Trust Bancorp (WASH) reported late Monday a year-over-year decline in Q1 revenue that also trailed analysts' estimates.Shares declined 16% as intraday trading volume rose to over 381,000 from a daily average of about 166,000.Price: $52.85, Change: $-17.05, Percent Change: -24.39%

$SPRB$TSCO$WASH

Wire101d ago

Spruce Biosciences Begins Public Offering of Stock, Prefunded Warrants; Shares Fall After Hours

Spruce Biosciences (SPRB) said late Monday it commenced an underwritten public offering of common shares or related prefunded warrants.The company expects to grant underwriters a 30-day option to buy up to 15% more stock at the public offering price, less underwriting discounts and commissions.The offering is subject to market and other conditions, Spruce said.Spruce shares fell 13% in after-hours trading.

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