AudioEye Announces Launch of Secondary Offering of Common Stock by Selling Stockholders
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AudioEye, Inc. has announced a secondary offering of its common stock by certain selling stockholders. This move could impact the stock's short-term price due to potential changes in supply and demand dynamics.
December 04, 2024 | 9:15 pm
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AudioEye, Inc. is launching a secondary offering of its common stock, which could affect the stock's price due to increased supply in the market.
The secondary offering by selling stockholders increases the supply of AEYE shares in the market, which could lead to a decrease in stock price if demand does not match the increased supply. This is a common market reaction to secondary offerings.
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