Kinetik Holdings Stock Declines Amid Secondary Offering Pricing

Thursday, 14 March 2024, 06:16

The recent announcement by Kinetik Holdings (KNTK) regarding the pricing of a secondary stock offering at $33.75 per share has led to a decline in the company's stock value. The offering, consisting of 11.37 million shares of Class A common stock by Apache Midstream LLC, is affecting investor sentiment and impacting the market price negatively.
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Kinetik Holdings Stock Declines Amid Secondary Offering Pricing

Kinetik Holdings stock slides on pricing secondary stock offering at $33.75 a share

Kinetik Holdings (KNTK) announces the pricing of an underwritten secondary offering of 11.37 million shares of its Class A common stock by Apache Midstream LLC, a subsidiary of.


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.


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