AerSale shares are trading lower after the company announced pricing of a secondary offering of common stock.
Portfolio Pulse from Benzinga Newsdesk
AerSale (ASLE) announced the pricing of a secondary offering of common stock, causing its shares to trade lower.
May 31, 2023 | 12:15 pm
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AerSale's stock price is trading lower due to the announcement of a secondary offering of common stock.
AerSale announced the pricing of a secondary offering of common stock, which typically dilutes the value of existing shares. This news has led to a decrease in the stock price as investors react to the potential dilution.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100