** Thrift operator Savers Value Village's SVV.N shares fall 2.6% to $11.01 before the bell
** SVV announces launch of secondary public offering of 15 million shares by certain existing stockholders
** Selling shareholders include alternative investment manager Ares Management ARES.N and SVV CEO Mark Walsh
** Stock closed up 2.4% at $11.30 on Monday
** J.P. Morgan, Jefferies, Goldman Sachs and UBS Investment Bank are the joint book-running managers for the offering
** Concurrently, SVV has authorized the purchase of $20 million worth of shares from the underwriters as part of the offering
** 5 of 8 brokerages rate the stock "buy" or higher and 3 "hold"; median PT $12.50 - data compiled by LSEG
** As of last close, SVV stock up 10.2% YTD
(Reporting by Arasu Kannagi Basil in Bengaluru)
((ArasuKannagi.Basil@thomsonreuters.com;))
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。