IDACORP Prices Public Offering Of 2,801,724 Common Shares At $92.80/Share
Portfolio Pulse from Benzinga Newsdesk
IDACORP has priced its public offering of 2,801,724 common shares at $92.80 per share.
November 08, 2023 | 7:58 am
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NEUTRAL IMPACT
IDACORP's public offering of 2,801,724 common shares at $92.80 per share may impact its stock price.
The pricing of IDACORP's public offering could have a neutral impact on its stock price. While the influx of shares could dilute existing shares, the pricing is a positive signal of the company's valuation. The actual impact will depend on the market's reaction to the offering.
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