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home / articles / CDTX - Why Cidara Therapeutics (CDTX) Stock Is Falling | Benzinga

CDTX - Why Cidara Therapeutics (CDTX) Stock Is Falling | Benzinga

Cidara Therapeutics Inc.

Cidara Therapeutics Inc (NASDAQ:CDTX) shares are trading lower by 24.4% to $0.52 Monday afternoon. The company announced a 1-for-20 reverse stock split.

This decision follows approval from stockholders in a special meeting on April 4. Each 20 shares of existing common stock will now be combined into one share. The company’s common stock will remain listed on the Nasdaq Capital Market.

The reverse split affects all common stockholders ...

CDTX) Stock Is Falling>Full story available on Benzinga.com
Stock Information
Company Name: Cidara Therapeutics Inc.
Stock Symbol: CDTX
Market: NASDAQ
Website: cidara.com
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