Creative Realities shares are trading lower after the company announced the pricing of its $6 million public offering of 3,000,000 shares of common stock at $2 per share.
Portfolio Pulse from Benzinga Newsdesk
Creative Realities announced the pricing of its $6 million public offering of 3,000,000 shares of common stock at $2 per share. Following the announcement, the company's shares traded lower.
August 17, 2023 | 2:09 pm
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Creative Realities' stock price fell after the company announced a $6 million public offering of its shares at $2 each.
The announcement of a public offering often leads to a decrease in the company's stock price. This is because it dilutes the value of existing shares. In this case, Creative Realities' shares fell after the company announced its $6 million public offering.
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