US Stocks Movement | FuelCell Energy falls over 17% pre-market as increased stock issuance raises dilution concerns
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```htmlGolden Ten Data July 8|A certain exchange saw its pre-market price plunge by 17.5% to $21.42. The company announced that it will expand the size of its public offering of common shares from the previously announced $200 million to approximately $225 million, pricing each share at $21, which is about a 19% discount compared to the previous trading day's closing price of $25.96. The direct reason for the negative market reaction is equity dilution. All shares issued in this offering will be newly issued directly by the company, diluting the shareholding ratio of existing shareholders.```
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