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Why PAVmed Stock Plummeted on Wednesday

·2-min read
Why PAVmed Stock Plummeted on Wednesday
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Specalty medical-device maker PAVmed (NASDAQ: PAVM) didn't make for a great stock on Wednesday. PAVmed filed a shelf-registration statement with the Securities and Exchange Commission earlier in the day. In PAVmed's case, it's aiming to float $275 million worth of one or more of: common stock, preferred stock, warrants, debt securities, and units (i.e., a combination of at least two of the preceding types of securities).

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