Ascent Solar Technologies shares are trading lower after the company announced pricing of a public offering of units.
Portfolio Pulse from Benzinga Newsdesk
Ascent Solar Technologies has announced the pricing of a public offering of units, leading to a decrease in its share price.
September 28, 2023 | 12:49 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Ascent Solar Technologies' shares are trading lower after the company announced the pricing of a public offering of units.
The announcement of a public offering of units often leads to a decrease in share price as it dilutes the value of existing shares. This is why Ascent Solar Technologies' shares are trading lower.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100