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September 01, 2020 1:28pm
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CDMO Falls to Levels Below Book Value

In trading on Tuesday, shares of Avid Bioservices Inc (CDMO) crossed below their last reported book value — defined as common shareholder equity per share — of $31.00, changing hands as low as $30.81 per share. Avid Bioservices Inc shares are currently trading off about 2.7% on the day..
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