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Array BioPharma Inc. (ARRY) Is Falling After Offering Announcement

Array BioPharma Inc. (ARRY) announced after the bell Wednesday that it has commenced an underwritten public offering of $175,000,000 of shares of its common stock. The stock is now down 0.76 on 221K shares.

Array BioPharma posted gains in early trade Wednesday, but settled into a range for the majority of the session. Shares finished up by 0.56 at $10.53.

by RTT Staff Writer

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