Better Choice shares are trading lower after the company announced the pricing of a $5 million public offering of 1.667 million shares at $3 per share.
Portfolio Pulse from Benzinga Newsdesk
Better Choice shares are trading lower after the company announced the pricing of a $5 million public offering of 1.667 million shares at $3 per share.
July 30, 2024 | 12:02 pm
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Better Choice shares are trading lower following the announcement of a $5 million public offering of 1.667 million shares at $3 per share.
The announcement of a public offering typically dilutes existing shares, leading to a decrease in share price. The market's immediate reaction to the news has been negative, causing the stock to trade lower.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100