Why Minerva Neurosciences Inc. Fell 31.1% in July

Why Minerva Neurosciences Inc. Fell 31.1% in July

Shares of Minerva Neurosciences (NASDAQ: NERV), a clinical-stage biotech focused on diseases of the central nervous system, fell more than 31% in July, according to data from S&P Global Market Intelligence.

Here's a review of the key developments from the period that contributed to the strong share-price movement:

Given the capital raise and sudden exits of two board members, it is understandable why shares took a step back in July.

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Source: Fool.com