Personalis Shareholders Who Have Suffered Losses Greater Than $100K Encouraged To Contact Kehoe Law Firm, P.C.
Kehoe Law Firm, P.C. is investigating Personalis, Inc. (“Personalis” or the “Company”) (NASDAQ: PSNL) for potential federal securities law violations pursuant to the Company’s June 2019 initial public offering (“IPO”).
Personalis completed its IPO on June 20, 2019, offering shares at $17.00 and raising $140 million in gross proceeds. Four days after the IPO, Personalis stock was trading as high as $31.88 per share.
By April 27, 2020, however, Personalis closed at $10.31 per share, representing a significant decline from the Company’s IPO price and a decline of 67% from its high of $31.88 per share. On May 27, 2020, Personalis closed at $11.94 per share, down 4.10%.
Investors who purchased, or otherwise acquired, Personalis common stock and suffered losses greater than $50K are encouraged to contact Kehoe Law Firm, P.C., Michael Yarnoff, Esq., (215) 792-6676, Ext. 804, [email protected], [email protected], to discuss the securities investigation or potential legal claims.