Denali Therapeutics Shares Fall in Premarket on Share Offering Price

Dow Jones

2025/12/10

By Adriano Marchese

Denali Therapeutics shares were lower in premarket trading Wednesday after it priced its share offering below current trading levels.

Shares were down 9.7% ahead of the morning bell at $17.75.

The biotechnology company said it will offer 9.1 million shares at a price of $17.50 apiece.

The stock has been under pressure in 2025, falling about 3.5% since the year began, and about 20% over the past 52 weeks.

The company also issued prefunded warrants to purchase 2.3 million shares at a stock price of $17.49.

Write to Adriano Marchese at adriano.marchese@wsj.com

(END) Dow Jones Newswires

December 10, 2025 08:50 ET (13:50 GMT)

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