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Tandem Diabetes prices stock offering at $1.25; shares off 19% premarket

Mar. 23, 2017 9:12 AM ETTandem Diabetes Care, Inc. (TNDM) StockBy: Douglas W. House, SA News Editor
  • Tandem Diabetes Care (NASDAQ:TNDM) slips 19% premarket on robust volume in response to the pricing of its public offering of 18M shares of common stock at $1.25 per share. Underwriters over-allotment is an additional 2.7M shares. Closing date is March 28.
  • Yesterday's close was $1.55.

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