Genetic Technologies pulls back after Announcing $5M Registered Direct Offering

Genetic Technologies pulls back after Announcing $5M Registered Direct Offering

Editor’s note- Due to a technical issue, this is a delayed post

(24/7 MARKET NEWS) – Genetic Technologies (NASDAQ: GENE) opened this morning’s premarket at $3.86, following yesterday’s post market news of an approaching launch Of world’s first comprehensive breast and ovarian cancer risk test. It was trading near the $3 level, when it pulled back on the news of a $5 million registered direct offering

Genetic Technologies is trading at $1.51, up $0.500 (+49.50%), on 18.76million premarket shares.

Its 52-week range is $0.83 to $2.13. It’s bouncing off its 52-week low that it hit January 30. Today’s premarket trading levels were last seen in 2021.

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