American Superconductor Launches 4.6 Million Share Stk Offer

This post is by from Tech Trader Daily

Click here to view on the original site: Original Post

American Superconductor (AMSC) this afternoon said it has commenced an offering of 4.6 million common shares, in a deal underwritten by Morgan Stanley, Deutsche Bank, Jefferies and Pacific Crest.
The wind turbine company’s shares in late trading are down $1.48, or 4%, to $35.76.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.