PepGen Inc. experienced a dramatic surge in its stock price on September 25, 2025, closing at $5.72. This increase of nearly 115% highlights the company's volatile position in the biotechnology market amidst ongoing challenges, as The source reports that investors are closely monitoring its developments.
Impressive Stock Rise and Trading Volume
The stock's impressive rise was accompanied by an extraordinary trading volume, with 894 million shares changing hands, significantly higher than the average of 786,746 shares. The stock opened at $5.88 and saw fluctuations between $4.90 and $6.15 throughout the trading session.
Yearly Performance and Financial Strategy
Despite this one-day gain, PepGen's stock remains down 36.59% over the past year, indicating persistent difficulties within the biotechnology sector. In a bid to bolster its financial position, the company announced a public offering of 31.25 million shares at $3.20 each, aiming to raise approximately $100 million to support its DM1 program.
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