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Why the Mesoblast (ASX:MSB) share price crashed 45% lower today – The Motley Fool Australia

The Mesoblast limited (ASX:MSB) share price has crashed 45% lower on Friday. Here’s what you need to know…

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The Mesoblast limited(ASX: MSB) share price has returned from its trading halt and crashed significantly lower.
In early trade the biotechnology company’s shares are down a massive 45% to $2.08.
Why is the Mesoblast share price crashing lower?
Investors have been selling the company’s shares this morning after it provided an update on the randomised controlled trial of its remestemcel-L product in ventilator-dependent patients with moderate to severe acute respiratory distress syndrome (ARDS) due…

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