Sellas Life Sciences Shares Rise 0.4% Overnight After Citi Stake Cut
Sellas Life Sciences shares rose 0.4% overnight after Citigroup disclosed a nearly 64% reduction in its stake. Shares gained 3% Wednesday to $9.14 and remained down nearly 6% for the week.
Shares of Sellas Life Sciences (SLS) rose 0.4% overnight late Wednesday as Citigroup disclosed a nearly 64% cut in its stake, while retail bulls argued that SLS009 alone could be worth more than the company.SLS stock rose 3% on Wednesday to $9.14, with shares still down nearly 6% for the week.Citi…