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marches100 millionWabash drops after $100 million convertible bond offering

Wabash drops after $100 million convertible bond offering

Wabash's stock fell 7% following a convertible bond offering announcement.

Published 8sem1 sourceupdated 1sem
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Wabash's stock fell 7% following a convertible bond offering announcement

The fact

The $100 million raised will fund acquisitions and growth.

Investors fear potential shareholder dilution in the future.

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