InvestorsHub Logo
Followers 135
Posts 9915
Boards Moderated 1
Alias Born 03/20/2013

Re: SpockJones post# 5755

Friday, 06/05/2020 3:43:35 PM

Friday, June 05, 2020 3:43:35 PM

Post# of 7490
Sure!

A secondary offering is a company-led sale of equity (shares). It's a secondary in that it follows the initial offering (IPO).

Much of the time such sales drive the share price down considerably as the process points to dilution which is often the enemy of a shareholder.

I'm down about $50,000 today because of secondaries. Not fun but part of the process.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent RCEL News