AcelRx (ACRX) slides on IPO

AcelRx Pharmaceuticals (NASDAQ: ACRX) moved down 7.6% to $4.26. AcelRx Pharmaceuticals priced underwritten public offering of 12,500,000 shares of its common stock at a price of $3.31 per share. Share volume was 77,000, compared to an all-day average of 253,000