Alphatec shares are trading lower after the company announced pricing of a public offering of common stock.
Portfolio Pulse from Benzinga Newsdesk
Alphatec has announced the pricing of a public offering of its common stock, leading to a decrease in its share price.
October 25, 2023 | 12:40 pm
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Alphatec's share price is expected to decrease in the short term due to the announcement of a public offering of its common stock.
Public offerings often lead to a decrease in share price due to dilution of shares. As Alphatec has announced a public offering, it is expected that its share price will decrease in the short term.
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