Addus HomeCare Corporation Announced The Pricing Of An Underwritten Public Offering Of 1,500,000 Shares Of Common Stock At The Public Offering Price Of $108.00 per Share
Portfolio Pulse from Benzinga Newsdesk
Addus HomeCare Corporation announced the pricing of an underwritten public offering of 1,500,000 shares of common stock at $108.00 per share.
June 27, 2024 | 7:06 am
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Addus HomeCare Corporation announced the pricing of an underwritten public offering of 1,500,000 shares of common stock at $108.00 per share. This could lead to short-term downward pressure on the stock price due to dilution concerns.
The announcement of a public offering typically leads to concerns about dilution among existing shareholders, which can result in short-term downward pressure on the stock price. The offering price of $108.00 per share will be closely watched by investors.
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