Shares of geothermal company Ormat Technologies, Inc. (ORA) are falling more than 8% Thursday morning at $91.75.
Wednesday, the company priced its upsized secondary public offering of 3.75 million shares at $90.00 per share.
The shares are offered by ORIX Corporation, and Ormat will not receive any proceeds from the sale.
The offering is expected to close on November 21.
ORA has traded in the range of $60.32-$101.81 in the last 1 year.
Source: Read Full Article
Lates News:
-
QuidelOrtho Shares Rise 9% On Better-than-expected Q1 Prel. Revenue
-
Satoshi-Era Bitcoin Whale Moves $1.2 Million Worth Of BTC After 13 Years
-
Fed Fears Roil Market Sentiment
-
Bitcoin ($BTC) Price to Rise to $30,000 in Second Half of 2023, VanEck Says
-
Bitcoin ($BTC) Investors Should Be ‘Accumulating’ Before Rise to $150,000: Bloomberg Analyst