Sciquest.com.
| Position | Shares dive - Brief Article |
MORRISVILLE -- Shares of Sciquest.com crashed, killing plans for a secondary stock offering. On May 1, the stock closed at $15.75, down 84% for the year. Maybe investors took a peek at the paperwork filed with the Securities Exchange Commission, which showed insiders were unloading 3.3 million of the 5.3 million shares being sold. (The company amended the plans, slicing insider sales by 300,000 shares.) Or maybe they saw the report in...
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