Regulus stock plummets as company faces 60% staff cuts

9 July 2018

San Diego, USA-based Regulus Therapeutics (Nasdaq: RGLS), a microRNA specialist biotech, saw its share price collapse on Thursday following news of an imminent restructuring.

The company, which was traded for around $0.73, fell abruptly to $0.35, a drop of around 52%.

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