Zeta Global Holdings shares are trading higher. The comany announced the pricing of a $204.9 million public offering of 13.2 million Class A common shares at $23.50 per share.
Portfolio Pulse from Benzinga Newsdesk
Zeta Global Holdings shares are trading higher following the announcement of a $204.9 million public offering of 13.2 million Class A common shares at $23.50 per share.
September 05, 2024 | 5:44 pm
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Zeta Global Holdings shares are trading higher after announcing a $204.9 million public offering of 13.2 million Class A common shares at $23.50 per share.
The announcement of a public offering often leads to increased investor interest and can drive the stock price higher in the short term. The pricing of the shares at $23.50 each suggests confidence in the company's valuation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100