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Alpha Teknova Shares Fall 22.1% After Proposed Stock Offering

Shares were down 22.1% in late Tuesday trading at $5.76 after the life sciences company commenced a proposed public stock offering. The stock finished the day at $7.39 and had nearly doubled year to date.

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Alpha Teknova shares dropped after the life sciences company launched a proposed public stock offering. The shares fell 22.1% in late Tuesday trading to $5.76, after closing the day at $7.39. The stock had nearly doubled year to date. Teknova intends to grant under…