BUZZ-Black Rifle Coffee slides on stock offering launch

Reuters
07/17
BUZZ-Black Rifle Coffee slides on stock offering launch

** Shares of BRC Inc BRCC.N, known as Black Rifle Coffee Company, down 8% post-market to $1.39 as it seeks equity raise

** Veteran-founded coffee seller commences stock offering without disclosing targeted deal size

** D.A. Davidson acting as sole bookrunner

** BRCC shares on Weds finished up 2.7% at $1.51

** Salt Lake City, Utah-based firm has ~215.8 mln shares outstanding for roughly $325 mln market cap, and ~63.3 mln shares of free float, per LSEG data

** Through Weds, shares have shed 52% YTD

** Of 5 analysts covering BRCC, recommendation breakdown is 3 "strong buy" or "buy" and 2 "hold" and median PT is $2.50 - LSEG

(Lance Tupper is a Reuters market analyst. The views expressed are his own)

((lance.tupper@tr.com 1-646-279-6380))

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10