OCGN Stock Falls Ocugen Must Restate Its Financials
OCGNOcugen(OCGN) InvestorPlace·2024-04-03 03:15

Shares of once high-flying biotech company Ocugen (NASDAQ:OCGN) are seeing some selling pressure again today. At the time of writing, OCGN stock is down over 9% on a business update provided by the company. Ocugen noted that Phase 3 trials of its OCU400 gene therapy drug are expected to commence in April, and other positive designation-related news was put forward. However, in this release, the company also revealed it would need to restate some of its financial statements. The company noted that errors wer ...