KULR Technology shares are trading lower after the company announced a proposed public offering of common stock.
Portfolio Pulse from Benzinga Newsdesk
KULR Technology has announced a proposed public offering of common stock, leading to a decrease in its share price.
September 13, 2023 | 12:20 pm
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KULR Technology's stock price is trading lower after the company announced a proposed public offering of common stock.
Public offerings often lead to a decrease in share price due to dilution of shares. As KULR Technology has announced a proposed public offering, it is expected that its share price will decrease in the short term.
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