1847 shares are trading lower after the company announced pricing of an $1.869 million public offering.
Portfolio Pulse from Benzinga Newsdesk
1847 Holdings LLC announced the pricing of a $1.869 million public offering, leading to a decrease in its share price.
July 05, 2023 | 12:29 pm
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1847 Holdings LLC's shares, traded under the symbol EFSH, are expected to experience a short-term decrease due to the announcement of a $1.869 million public offering.
Public offerings often lead to a decrease in share price due to dilution of shares. As 1847 Holdings LLC announced a $1.869 million public offering, it is expected that its shares (EFSH) will experience a short-term decrease.
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IMPORTANCE 80
RELEVANCE 100