The Traderszone Network

Published in TZ Latest News 7 November, 2017 by The TZ Newswire Staff

The Big Reason ImmunoGen, Inc. Shed 24% of Its Value in October

Shares of ImmunoGen (NASDAQ: IMGN), a small-cap biotech company focused on the development of antibody-drug conjugates for the treatment of cancer, plunged 24% in October, according to data from S&P Global Market Intelligence. The culprit for ImmunoGen’s miserable month looks to be none other than a common stock offering.

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