Altimmune stock price ends higher after $75 million deal closes as Vanguard filing adds focus
Altimmune shares closed up 10% at $5.60 Friday after the company raised $75 million in a registered direct stock offering to fund its Phase 3 MASH trial. The Vanguard Group disclosed a 9.09% stake in a new Schedule 13G filing. Trading volume reached about 6.3 million shares.