J. Jill shares are trading lower after the company announced the pricing of a public offering of 2 million common stock at $31 per share.
Portfolio Pulse from Benzinga Newsdesk
J. Jill shares are trading lower after the company announced the pricing of a public offering of 2 million common stock at $31 per share.

June 13, 2024 | 11:52 am
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J. Jill shares are trading lower following the announcement of a public offering of 2 million common stock at $31 per share.
The announcement of a public offering typically leads to a dilution of existing shares, which can negatively impact the stock price in the short term. The market's reaction to the pricing of the offering at $31 per share has led to a decrease in J. Jill's share price.
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