YETI Stock Price | YETI Holdings Inc. Stock Quote (U.S.: NYSE)

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Yeti’s stock sinks after stock offering prices at a discount of more than 3%

Shares of Yeti Holdings Inc. sank 3.7% in morning trading Thursday, after the maker of outdoor products such as coolers and drinkware announced that pricing of its secondary stock offering, which was more than 3% below the previous session’s closing price. The company said before Thursday’s open that it was offering about 6.1 million shares, or 7% of the shares outstanding, for sale by certain selling shareholders. Yeti said after the open that the offering priced at $32.65 a share, or 3.3% below Wednesday’s close of $33.75. The stock has lost 6.5% year to date, while the S&P 500 has declined 5.8%.






2020-05-28 13:56:16

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