Envista shares are trading lower after the company announced a proposed convertible senior notes offering.
Portfolio Pulse from Benzinga Newsdesk
Envista has announced a proposed convertible senior notes offering, which has led to a decrease in the company's share price.
August 07, 2023 | 12:37 pm
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Envista's stock price has decreased following the announcement of a proposed convertible senior notes offering.
Convertible senior notes offerings often lead to a dilution of shares, which can result in a decrease in the stock price. This is likely the reason for the drop in Envista's stock price following the announcement.
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