Overreaction? Prosensa slides from company's, investors' shelf
This article was originally published in Scrip
Executive Summary
Prosensa fell 16.3% to close at $10.48 per share on 7 July after the Dutch company filed a shelf registration statement that outlines plans to raise up to $150m from the sale of stock, warrants or debt over an undisclosed period while the stock benefits from a recent recovery.