Oppgang på Oslo Børs – Nykode faller tungt
Nykode faller nesten 9 prosent etter at de tapte skattesak.
Oslo Børs experienced a sharp decline on its first trading day of the week, with the main index falling around 0.6 percent from its opening levels. Some of the most actively traded stocks saw gains, as crude oil prices rose from the overnight lows, trading briefly below $99 per barrel just before the market opened. Last week, the index had fallen 1.5 percent.
Biotechnology company Nykode Therapeutics received a negative ruling from the Tax Prosecution Office in an ongoing tax case, the company announced in a shareholder notice on Friday evening. Nykode contends the office improperly based its decision on facts, and intends to seek a review of the conclusion, according to the company.
If the ruling stands, the company plans to challenge the outcome in the courts, the statement noted. The company stated the decision does not affect its current plans, and its cash reserves extend beyond important milestone achievements. In August, Nykode raised 286 million kroner through a rights offering. It was reported that the company would receive an additional 325 million kroner if the tax case went in its favor.
Written by urgent.news from E24 Norway's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
