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NewLink Genetics (NLNK) Is Heading Lower After Offering Announcement

NewLink Genetics (NLNK) announced after the close Tuesday that it intends to sell up to $50,000,000 of shares of its common stock in an underwritten public offering. The stock is now down 0.71 on 72K shares.

NewLink Genetics climbed throughout the first half of Tuesday's session and closed up by 0.52 at $10.91. The stock rose to a 1-week high.

by RTTNews Staff Writer

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