Dynex Capital, Inc. Announces Public Offering Of 10.5M Shares Of Common Stock
Portfolio Pulse from Benzinga Newsdesk
Dynex Capital, Inc. has announced a public offering of 10.5 million shares of common stock. This move is likely aimed at raising capital for the company.
June 05, 2024 | 8:18 pm
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Dynex Capital, Inc. has announced a public offering of 10.5 million shares of common stock. This move is likely aimed at raising capital for the company.
The announcement of a public offering typically leads to a short-term decrease in stock price due to dilution of existing shares. Investors may react negatively as the value of their holdings could be diluted.
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