Why Olink Shares Are Getting Hammered Today

Olink Holding AB (publ) - ADR OLK shares are trading lower by 11% at $31.94 after the company announced a public offering of 7 million ADSs by selling shareholders.

Olink Holding AB has a proprietary and patented Proximity Extension Assay technology, which enables researchers to use one platform for discovery to clinical trials to diagnostic applications utilizing the established infrastructure of labs and installed instrumentation.

Olink Holding AB has a 52-week high of $42.20 and a 52-week low of $25.55.