Secondaries announced 4.25.2016

IPOBoutique.Com rates secondary offerings to hit the tape with a ‘BUY’, ‘NEUTRAL’ or ‘AVOID’ rating. Senior Managing Partner Scott Sweet maintains a track record for all secondary’s he’s issued with a ‘BUY’ rating.

Company: Durect Corporation
Symbol: DRRX
Price: Last trade $1.42
Trade Date: 4/26
Shares: 10.6 million
Underwriter(s) Stifel
Rating=Subscription Needed