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0.0196945795182879 0.0217112003773032 0.0345427637463611 -0.0372261705345672 -0.0514238319048936 -0.0632470848444436 -0.0439590821122477 -0.0630194018442323
Stock impact report

Opgen up 59% but news scarce [Seeking Alpha]

OpGen, Inc. (OPGN) 
Last opgen, inc. earnings: 11/6 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.opgen.com
Company Research Source: Seeking Alpha
Opgen up 59% but news scarceThinly traded nano cap OpGen (OPGN+59.2%) jumps on a healthy 22x surge in volume. No particular news accounts for the action.Last week, the company executed a 1:25 reverse split of its common stock.Yesterday, it filed asupplement to its July 12, 2017 prospectus for an equity offering of ~18.1 units to account for the split. Each unit will consist of 1/25 of a share of common stock and one warrant to purchase 1/25 of a share of common.At the end of September, the company$4.9M in cash. Operations consumed an average of $3.7M of cash through the first three quarters of 2017 so additional capital will be needed to fund operations.See all stocks on the move »Now read:OpGen: Does This Ugly Screener Have Any Value? » Show less Read more
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