February 12, 2013 at 10:46 AM EST
MELA Sciences (MELA) slides on new stock offering
Shares of MELA Sciences Inc. (NASDAQ: MELA) fell 11% to $1.50. The medical-device company said Tuesday its common-stock offering will price at $1.30 per share for 6.1 million shares, for proceeds of about $7.3 million. Share volume was 157,000, nearly tripling an all-day average of less than 56,000
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