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-0.00250626566416046 -0.00918546365914783 -0.00877192982456144 -0.00413533834586471 -0.00917293233082706 -0.0200501253132832 -0.0175438596491228 -0.0175438596491228
Stock impact report

Here's Why Bellicum Pharmaceuticals Dropped as Much as 14.6% Today [The Motley Fool]

Bellicum Pharmaceuticals, Inc. (BLCM) 
Last bellicum pharmaceuticals, inc. earnings: 3/12 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.bellicum.com/investor-overview
Company Research Source: The Motley Fool
The biopharma announced a public offering of common stock. Maxx Chatsko ( TMFBlacknGold ) Apr 17, 2018 at 2:33PM What happened Shares of clinical-stage biopharma Bellicum Pharmaceuticals ( NASDAQ:BLCM ) dropped over 14% today after the company announced a proposed public offering of common stock. The fundraising move would see an additional 7 million shares hit the market, although that could rise to slightly over 8 million shares if the additional allotments find buyers. There are about 33.5 million shares outstanding right now, so the offering will dilute existing shareholders by 21% to 24%. By that benchmark, the fact that Bellicum Pharmaceuticals shares are down only 9.5% by 1:34 p.m. EDT could be viewed as a small silver lining. Image source: Getty Images. So what The announcement was generally expected. Shares exploded higher la Show less Read more
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