Stock Track | Lightwave Logic Plunges 6.35% in Pre-market Following $49.33 Million Stock Offering Announcement

Stock Track

04/21

Lightwave Logic, Inc. experienced a significant pre-market decline of 6.35% on Tuesday, as the stock price dropped sharply ahead of the regular trading session.

The decline appears to be directly linked to the company's filing for an offering of up to $49.33 million of common stock. Such equity offerings typically create downward pressure on stock prices due to concerns about shareholder dilution and the potential discount at which new shares might be issued compared to the current market price.

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