BUZZ-HTG Molecular Diagnostics hits record low after filing for bankruptcy

Reuters2023-06-06

(Updates)

** HTG Molecular Diagnostics Inc's shares fall 45.8%, hit record low at $0.91

** Diagnostic firm filed for relief under Chapter 11 bankruptcy in Delaware on Monday

** HTGM will operate its business as a "debtor-in-possession" under the jurisdiction of the court

** Stock closed down 20.8% at $1.68 on Monday

** Including session's loss on Tuesday, stock down 77.2% YTD

(Reporting by Khushi Mandowara and Pratik Jain in Bengaluru)

((Khushi.Mandowara@thomsonreuters.com))

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