It's gone from $12 --> $9.40 in the time where the market is up nearly 10%.
Just over a year ago it went from $12 ---> $20 when the market was stagnant. What was the reason? I have no idea just like i don't have now. This stock is news driven and unless we hear some news it's all meaningless as the poster just said. The story doesn't change cause it went up 70% or down 35% in a given period. Also we have already determined it wasn't a PIPE so please at least so some courtesy to the poster who went out of his way to let us know about this follow-on offering. Thank you.
Why do i get the feeling you just merely wanted to point out the fact that MNTA was underperforming when EVERYTHING (as you so boldly put it) is going up substantially?