MeiraGTx Holdings plc (MGTX) shares dropped 12.89% to $9.80, down $1.45 on Thursday over the company's newly announced equity offering, and a strategic asset acquisition.
The stock is currently trading at $9.80, below its previous close of $11.25 on the Nasdaq. It opened at $9.55 and has traded in a range of $8.77 to $10.05 during the session, with volume reaching 838,979 shares compared to an average of 503,356 shares.
The company announced it will acquire full rights to bota-vec from Johnson & Johnson for the treatment of X-linked retinitis pigmentosa, while also pricing an offering of 11.1 million shares at $9.00 per share to raise approximately $100 million.
The 52-week range for the stock is $4.55 to $11.85.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.