Actionable Stock Market Trading Newswire. Built for Traders, by Traders.
All news is property of their respective owners.

Why Sharps Technology Stock Is Trading Lower

Sharps Technology Inc (NASDAQ: STSS) shares are trading lower after the company announced a $3.8 million private placement at $1.69 per share. What Else?
byHenry Khederian
February 1, 2023
1 minute read
Total
0
Shares
0
0
0
0
0
0

Sharps Technology Inc (NASDAQ:STSS) shares are trading lower after the company announced a $3.8 million private placement at $1.69 per share.

What Else?

Sharps Technology says proceeds will be used to support the manufacturing of pre-filled specialty syringe systems through its partnership with Nephron Pharmaceuticals.

See Also: Why Li Auto Shares Are Trading Higher During Wednesday’s Session

The offering is expected to close on or about February 3, subject to the satisfaction of customary closing conditions.

According to data from Benzinga Pro, Sharps Technology has a 52-week high of $3.62 and a 52-week low of $0.82.

 
Total
0
Shares
Share 0
Tweet 0
Share 0
Share 0
Share 0
Share 0
Related Posts
Read More

Muscle Maker And 2 Other Stocks Under $1 Insiders Are Aggressively Buying

By Lisa Levin
December 22, 7:28 AM
The Dow Jones settled higher by more than 500 points on Wednesday. Investors, meanwhile, focused on some notable insider trades. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision.

AYTU