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Vaxcyte’s stock dips after biotech completes $1.42 billion stock offering - MarketWatch

Sep 6, 2024, 9:21 AM EDT1 sourcesAI-analyzed

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Vaxcyte Inc. stock dropped 3% post $1.42 billion offering. Offering follows a 39% stock increase due to positive trials. Positive trial results were for a pneumococcal vaccine in adults.

  • Vaxcyte Inc. stock dropped 3% post $1.42 billion offering.
  • Offering follows a 39% stock increase due to positive trials.
  • Positive trial results were for a pneumococcal vaccine in adults.

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