Replies to post #1406 on Revance Therapeutics Inc (RVNC)

[kris_kade]

Unless of course they use the window (between the offering is publicly announced and pricing is done). Even that’s illegal IMO

[DewDiligence]

Underwriters can legally manipulate the share price via shortselling and other actions; page S-15 of RVNC’s recent offering prospectus (https://www.sec.gov/Archives/edgar/data/1479290/000119312519306287/d842236d424b5.htm ) details the various market actions the underwriters are permitted to take. (All of this is industry-standard.)