MYOK has a history of doing stock offerings when the price runs up on good news. To get extra flexibility, they file a shelf offering so they can issue the stock at a "to be determined price." This allows them to take advantage of the price run up without killing the momentum
Stay tuned..
MyoKardia Announces Positive Results from Low-Dose Cohort of Phase 2 PIONEER-HCM Study of Mavacamten in Symptomatic, Obstructive Hypertrophic Cardiomyopathy Patients
Disclaimer:This and other personal blog posts are not reviewed, monitored or endorsed by
TalkMarkets. The content is solely the view of the author and TalkMarkets is not
responsible for the content of this post in any way. Our curated content which is
handpicked by our editorial team may be viewed here.
Comments
Log in or sign up to join the conversation.