EDAP (EDAP) Stock: Why It Fell 2.83%

By Amit Chowdhry ● Sep 23, 2022
  • The stock price of EDAP (EDAP) fell by 2.83% in the most recent trading session. This is why.

The stock price of EDAP (EDAP) fell by 2.83% in the most recent trading session. 

Why: EDAP announced that it has commenced a public offering of its American Depositary Shares, or ADSs, each representing one ordinary share of the Company. The proposed offering is subject to market conditions, and there is no assurance as to whether or when the proposed offering may be completed or as to the actual size or terms of the proposed offering.

Manager: Jefferies LLC is acting as the sole book-running manager for the offering.