Cardlytics Stock Price Decline Triggered by Convertible Notes Offering

Tuesday, 26 March 2024, 11:28

Cardlytics' shares plummeted by 8% following the company's announcement regarding a private offering of $150 million convertible senior notes due 2029. The move is aimed at facilitating the repurchase of ...
https://store.livarava.com/127013a7-eb65-11ee-aebd-63fd8ea994ba.jpg
Cardlytics Stock Price Decline Triggered by Convertible Notes Offering

Cardlytics Stock Fall Overview

Cardlytics' shares dropped 8% as the company announced a private offering of convertible senior notes due 2029, aiming to raise $150 million for repurchasing its...


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe