Stellar stock soars after shareholders OK deal with Edesa

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Stellar stock soars after shareholders OK deal with Edesa

By Staff Report / Friday, May 31st, 2019 / Comments Off on Stellar stock soars after shareholders OK deal with Edesa

Stellar Biotechnologies shares shot up more than 60 percent May 31 after the company’s shareholders approved a deal with Canadian therapeutics firm Edesa Biotech that could see it wind down its Port Hueneme operations. The deal leaves current Stellar shareholders with a 10 percent interest in Edesa, while Edesa investors retain the other 90 percent,…

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