Biotech Company Rapport Plunges 18.8% Following Completion of $250 Million Public Offering
Deep News
Sep 10, 2025
In early Wednesday trading, Rapport Therapeutics, Inc. (RAPP), a biopharmaceutical company focused on developing innovative therapies for central nervous system (CNS) diseases, saw its stock price tumble 18.8% after completing a $250 million public offering at $26 per share.
The offering is expected to close on September 11, 2025, with the proceeds intended to support the company's growth plans.
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