LifeStance Health Group shares are trading lower after the company announced a 20 million share offering by selling stockholders.
Portfolio Pulse from Benzinga Newsdesk
LifeStance Health Group shares are trading lower following the announcement of a 20 million share offering by selling stockholders.
May 21, 2024 | 8:12 pm
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LifeStance Health Group shares are trading lower after the company announced a 20 million share offering by selling stockholders.
The announcement of a large share offering typically leads to a decrease in stock price due to dilution concerns. Investors may perceive the increased supply of shares as a negative signal, leading to a sell-off.
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