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Thursday, February 7, 2019

Ziopharm falls, rebounds in after-hours

After the market close, shares of Ziopharm (ZIOP) fell after a regulatory filing from the company was misinterpreted as a new sale of shares. David Connolly, Ziopharm VP of corporate communications and investor relations, noted in a statement that Ziopharm “did not register to sell, the company registered shares as common that were already sold in a private placement.” At their lows, shares traded down to $2.15 per share, but have since come back and are trading at $2.29 per share.

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