Why Is HTG Molecular Diagnostics Stock Down 42% Today?
HTG Molecular Diagnostics (HTGM) stock is falling on Tuesday after the company announced a Chapter 11 bankruptcy filing. According to the filing, HTG Molecular Diagnostics will operate as a “debtor-in-possession” business during the bankruptcy. It’s also seeking a variety of first-day motions that will allow it to continue normal operations. To go along with that, the filing also accelerates the…