OraSure Shares Jump as Board Reset Draws Investor Focus
OraSure Technologies shares rose 5.6% to $4.17 in premarket trading after shareholders approved a phased board declassification and expanded the stock-award pool. John D. Bertrand, Steven K. Boyd, and Robert W. McMahon were elected as Class II directors. The votes followed a cooperation deal with Altai Capital. OraSure reported a first-quarter revenue decline and a wider operating loss.