Microbot Medical Shares Drop 20% After Exercising Investment Options - News Summed Up

Microbot Medical Shares Drop 20% After Exercising Investment Options


By Chris WackMicrobot Medical shares were down 20% to $1.64 after the company agreed to the immediate exercise of certain outstanding preferred investment options to buy up to 1.7 million shares. The stock closed Thursday's session up 55%, and is down 47% in the past 12 months.


Source: Wall Street Journal December 29, 2023 17:28 UTC



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