LINTEC extends decline as stock price converges toward offering price
LINTEC Corporation <7966> extended losses as the stock moved to converge toward its set offering price.
After market close on the 1st, LINTEC announced the offering price for its share sale - comprising 12,436,600 shares and an overallotment of up to 1,865,400 shares - was set at 5,335 yen per share. The decline reflects the market adjusting toward the offering price.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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