BUZZ-Cancer therapy firm Erasca drops after $150 mln stock offering unveil

Reuters
01/21
BUZZ-Cancer therapy firm Erasca drops after $150 mln stock offering unveil

** Erasca ERAS.O shares down 8.1% in extended trading to $9.02 after equity raise news

** San Diego, California-based oncology co announces $150 mln stock offering

** Co intends to use net offering proceeds to help fund R&D of its product candidates and other development programs, and for working capital and other general corporate purposes

** JP Morgan, Morgan Stanley, Jefferies and Evercore joint bookrunners

** With ~283.7 mln shares outstanding, co has about $2.8 bln market cap

** ERAS shares on Tues finished session up 2% at $9.81, up 164% to begin 2026

** Of 11 analysts covering the stock, recommendation breakdown is 9 "strong buy" or "buy", 1 "hold" and 1 "sell"; median PT $7.50, LSEG data reflects

(Lance Tupper is a Reuters market analyst. The views expressed are his own)

((lance.tupper@tr.com 1-646-279-6380))

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10