Shares of Agenus Inc. (NASDAQ: AGEN) fell sharply during Monday’s session.
Agenus disclosed a 1-for-20 reverse stock split of common stock.
Agenus Inc. (NASDAQ: AGEN) declined 17% to $0.4181 on Monday.
U.S. stocks traded lower toward the end of trading, with the Dow Jones index falling more than 50 points on Friday.
The Dow traded down 0.17% to 37,644.68 while the NASDAQ fell 0.48% to 15,022.70. The S&P 500 also fell, dropping, 0.33% to 4,767.78.