Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why PAVmed Stock Plummeted on Wednesday

TheMotleyFool

0 0

Specalty medical-device maker PAVmed (NASDAQ: PAVM) didn't make for a great stock on Wednesday. The company's shares were rocked by an investor sell-off that sent their price down by nearly 13%. This followed the announcement of a new financing effort.

PAVmed filed a shelf-registration statement with the Securities and Exchange Commission earlier in the day. This is a document that reveals that a company intends to raise financing through the issuance of new equity, debt, or a combination of the two.

Image source: Getty Images.

Source Fool.com

Like: 0

PAVM

Share