AerCap shares are trading lower after the company priced a secondary offering of 40.66 million ordinary shares by GE Capital US Holdings at $59 per share.
Portfolio Pulse from Benzinga Newsdesk
AerCap's shares are trading lower after the company priced a secondary offering of 40.66 million ordinary shares by GE Capital US Holdings at $59 per share.
September 12, 2023 | 12:25 pm
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AerCap's stock price is trading lower due to the secondary offering of 40.66 million shares by GE Capital US Holdings at $59 per share.
The secondary offering of shares often leads to a decrease in the stock price due to the increased supply of shares. In this case, AerCap's shares are trading lower after the company priced a secondary offering of 40.66 million shares by GE Capital US Holdings at $59 per share, which is likely causing the decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100