ShiftPixy shares are trading lower after the company announced pricing of a $3.1 million public offering.
Portfolio Pulse from Benzinga Newsdesk
ShiftPixy has announced the pricing of a $3.1 million public offering, leading to a decrease in its share price.
July 12, 2023 | 12:35 pm
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ShiftPixy's share price has fallen following the announcement of a $3.1 million public offering.
The announcement of a public offering often leads to a decrease in share price as it dilutes the value of existing shares. In this case, ShiftPixy's share price has fallen following the announcement of a $3.1 million public offering.
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