What Caused Autolus Therapeutics to Drop 35% – and if You Haven’t Already, is it Time to Get Out?

By |2023-12-07T21:09:15+00:00December 9th, 2022|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , |

Friday morning was brutal for Autolus Therapeutics (AUTL) and its investors as shares plummeted over 35%. This was caused by the announcement executives at the company made yesterday after the market closed. In short, the company is diluting the shares and diminishing stock value. The company plans to initiate 75 million American depositary shares [...]