Have this Covid vaccine darling on my watch list, but have never partaken an investment in it. Just watching it from afar.
Saw it this morning at $178, and this afternoon it is at $133.
That drop alone represents a market cap loss of like $16 BILLION dollars.
Evidently they are looking to do an offering which will raise around $3 billion, which is the consensus reason for the sudden drop.
Meantime, there's little beans CRMD... come on girl, you can do it!