Target Hospitality shares fall after $18.96 secondary offering pricing
Target Hospitality launched and priced an underwritten secondary offering, with shares down 6.4% to $18.96 in premarket trading. The stock had more than doubled year to date at the prior market close.
Shares of Target Hospitality fell after the company launched and priced an underwritten secondary offering. 96 in premarket trading on Wednesday. Shares had more than doubled year to date at market close. The accommodations and hospitality services provider was unchanged in the source text's truncated ending.