BUZZ-Holley drops after launching secondary offering

Reuters
2025/09/10
BUZZ-Holley drops after launching secondary offering

** Shares of auto parts maker Holley HLLY.N down 6% post-market to $3.45 after secondary offering news

** Bowling Green, Kentucky-based firm says 14 mln shares to be sold by private equity firm Sentinel Capital Partners

** JP Morgan and Jefferies are lead bookrunners for the offering

** HLLY shares on Tues closed down 1.9% at $3.67

** Co has ~120.5 mln shares outstanding for ~$442 mln market cap

** Stock has gained 68% over the past three months, putting it up 21.5% YTD through Tues

** Of 8 analysts covering HLLY, recommendation breakdown is 6 "strong buy" or "buy" and 2 "hold"; median PT is $3.75, LSEG data reflects

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

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

應版權方要求,你需要登入查看該內容

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