Ocugen Inc (NASDAQ:OCGN) shares traded lower by 6.3% to $1.72 during Tuesday’s session before flattening out, pulling back after hitting a new 52-week high Monday. The stock may be pulling back following recent strength, after the Third Circuit Court of Appeals last week upheld the decision of the Eastern District of Pennsylvania to dismiss with prejudice the consolidated securities class action lawsuits against Ocugen.
Additionally, Ocugen earlier this month announced that on March 15, the Board of Directors approved an amendment to Ocugen's bylaws, reducing the quorum requirement for stockholder meetings from ...