Alliqua Biomedical (ALQA) Plummets on New Offering

Alliqua Biomedical Inc (NASDAQ: ALQA) dropped 32.9% to 42 cents. Alliqua BioMedical priced its 9.375 million share offering at $0.40 per share. Share volume was 3.9 million, trouncing an all-day average of 353,000