Seeking Alpha

Chimerix up on robust volume

  • 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.
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