Actionable Stock Market Trading Newswire. Built for Traders, by Traders.
All news is property of their respective owners.

Why Liberty Energy Shares Are Falling

Liberty Energy Inc (NYSE: LBRT) shares are trading lower by 7.45% at $16.33 after the company announced the pricing of a secondary offering of Class A common stock by selling stockholders.
byHenry Khederian
April 29, 2022
1 minute read
Total
0
Shares
0
0
0
0
0
0

Liberty Energy Inc (NYSE:LBRT) shares are trading lower by 7.45% at $16.33 after the company announced the pricing of a secondary offering of Class A common stock by selling stockholders.

Liberty Energy will not sell any shares of Class A common stock in the offering and will not receive any proceeds therefrom. Liberty Energy says BofA Securities and J.P. Morgan are acting as joint book-running managers for the offering.

See Also: Why Amazon Shares Are Falling Today

Liberty Energy provides hydraulic fracturing services, mainly pressure pumping, to onshore E&P firms’ major basins throughout North America.

According to data from Benzinga Pro, Liberty Energy has a 52-week high of $20.05 and a 52-week low of $8.50.

 
Total
0
Shares
Share 0
Tweet 0
Share 0
Share 0
Share 0
Share 0
Related Posts
Read More

Good Times Restaurants And 3 Other Stocks Under $3 Insiders Are Aggressively Buying

By Lisa Levin
February 27, 7:46 AM
The Dow Jones closed lower by over 300 points on Friday. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision.

AMST