The following video is part of our "Motley Fool Conversations" series, in which, Andrew Tonner, technology editor and analyst, and David Williamson, health-care editor and analyst, discuss topics across the investing world.
In today's edition, they discuss Cell Therapeutics, which has had a roller coaster of a week. After receiving word that its lead drug candidate, pixantrone, had been accepted for FDA review, shares gained 24%. Unfortunately for investors, the company used the higher share price to announce an equity offering worth $20 million, sending shares plummeting back down. Our Motley Fool analysts discuss the news and examine what approval of pixantrone could mean for investors.