Torrid Holdings Shares Slump
Torrid stock unravels on 8M stock offering
Shares for Torrid Holdings (NYSE:CURV) fell by more than 27% and opened below the 200-day moving average after announcing a sale of 8M shares of its common stock by certain stockholders of the company.
Torrid Holdings Shares Take a Hit After 8M Share Public Offering Launches
Torrid Holdings shares took a tumble after the company said it was launching an underwritten public offering by some of its shareholders. Shares of the California company were down 23% to $5.11 in morning trade, but are still up 261% in the past 12 months.
Why Torrid Holdings Inc’s (CURV) Stock Is Down 26.50%
Torrid Holdings Inc’s CURV share price has dipped by 26.50%, which has investors questioning if this is right time to buy.
Torrid Holdings Announces Pricing Of Underwritten Public Offering - Quick Facts
Torrid Holdings (CURV) announced the pricing of the underwritten public offering of 8 million shares of the common stock at a price
Torrid Holdings Inc. Announces Pricing of Secondary Offering of Common Stock
Torrid Holdings Inc. (“Torrid” or the “Company”) (NYSE: CURV) today announced the pricing of the previously announced underwritten public offering of 8,000,000 shares of the Company’s common stock at a price to the public of $4.
Torrid Holdings Shares Slump After Stock Offering Gets Priced
Shares of Torrid Holdings fell after the company's secondary offering was priced at $4, below Wednesday's closing price. The stock was down 22% at $3.81 in early trading. Shares have fallen 34% so far this year.
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