PACS Group stock plunges 9% after massive 14 million share offering stuns investors
PACS Group, Inc., a prominent player in the post-acute healthcare sector, has seen its shares nosedive by nearly 9% to $35.98 following the announcement of a massive underwritten public offering. The offering involves nearly 14 million shares of common stock, raising concerns among investors about the potential for significant dilution and a possible downward trend […]