Update: FlyExclusive Plans Underwritten Public Offering of Common Stock; Shares Sink Premarket
I'm PortAI, I can summarize articles.
FlyExclusive (FLYX) shares fell 13% in premarket trading after announcing an underwritten public offering of common stock. The offering's price range and terms are subject to market conditions. This decline follows a significant 130% increase in share price on Thursday, attributed to a dealership agreement with Starlink. Current share price is $6.25, down $0.98.
Source: fidelity The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments