Thread regarding Repligen Corp. layoffs

Repligen on the block to be sold

Unable to move the growth needle puts Repligen in play with being sold, most likely before the end of 2022. In August the company started promoting folks to VP’s, stock jumps to 250+ range while M&A stalls and expansions go to bust in failure. Rancho Dominguez is scheduled to be shuttered moving work to the East coast. 2000 employees strong falling to 1000 soon. If the company doesn’t find a buyer, they are targeting a revised $400M to 450M place. Covid will cut profits by $150K. Not to sure whom will pick up the debris after the collision 💥

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Repligen stock is targeting $150 range of they can’t offload this shipwreck by September 1.

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