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Delcath continues up move; shares ahead 75%

Published 06/20/2017, 10:44 AM
© Reuters.  Delcath continues up move; shares ahead 75%
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  • Back-from-the-dead Delcath Systems (DCTH +75.3%) has been a big winner recently for intrepid investors. Shares are up over 10-fold since early June. The company has yet to prove its percutaneous hepatic perfusion (PHP) technology is a winner. A reverse stock split is coming and, after that, another capital raise.
  • Previously: Delcath annual meeting postponed until June 16 to allow more shares to be voted, reverse stock split proposed; shares ahead 65% (June 8)
  • Previously: Retrospective study shows treatment benefit of PHP in metastatic ocular melanoma patients; Delcath up 46% (Feb. 21)
  • Now read: Valeant Pharmaceuticals (NYSE:VRX) Will Rally On These 3 Near-Term Catalysts


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