Sarepta launches $500M stock offering; shares down 4% after hours

Nov. 07, 2018 4:59 PM ETSarepta Therapeutics, Inc. (SRPT) StockBy: Douglas W. House, SA News Editor10 Comments
  • Sarepta Therapeutics (NASDAQ:SRPT) commences a $500M public offering of common stock. Price, volume and terms have yet to be announced.
  • Net proceeds will fund clinical trials, commercialization activities, business development activities, manufacturing and potential licensing or acquisition deals.
  • Shares are off 4% after hours.

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