Forza X1 shares are trading lower after the company announced an $8 million public offering.
Portfolio Pulse from Benzinga Newsdesk
Forza X1 announced an $8 million public offering, causing its shares to trade lower.

June 12, 2023 | 4:18 pm
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Forza X1 shares are trading lower due to the announcement of an $8 million public offering.
Forza X1's announcement of an $8 million public offering has led to a decline in its share price. This is because public offerings often dilute existing shares, causing the stock price to drop in the short term.
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