Corbus Pharmaceuticals Holdings, Inc. (CRBP) shares fell 27.01 percent to $12.00, down $4.44 in Friday trading, after announcing the pricing of a $75 million underwritten public offering. The company will issue 4.74 million shares at $13.00 each and 1.03 million pre-funded warrants at $12.9999 per warrant.
The stock opened at $12.00 and traded between $11.59 and $12.88, compared with a previous close of $16.44 on the Nasdaq. Trading volume reached 2.0 million shares, sharply above the average of 211,000.
Corbus shares have traded between $4.64 and $20.77 over the past 52 weeks.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.