Chimerix up on robust volume

|About: Chimerix Inc (CMRX)|By:, SA News Editor

Chimerix (CMRX +11.2%) longs finally get a reprieve as shares pop on a 10x surge in volume. Late yesterday, the company announced the pricing of its 7.3M share offering at $14.22/share. Underwriters over-allotment is 1.095M shares. Gross proceeds will be ~$104M.