Terran Orbital shares are trading lower after the company announced a $98 million offering.
Portfolio Pulse from Benzinga Newsdesk
Terran Orbital shares are trading lower after the company announced a $98 million offering.
July 24, 2024 | 12:28 pm
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Terran Orbital shares are trading lower after the company announced a $98 million offering.
The announcement of a $98 million offering typically dilutes existing shares, leading to a decrease in share price. This is reflected in the immediate trading lower of Terran Orbital shares.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100