Not as bad as it would have been if these $1.05 shares would have been offered with the stock price already at or above $1.40. At least we know now why the share price has been stagnant, I'm hoping once these 62M shares are all acquired, PPS should catch up to peers.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.