Luminex volume doubles after announcing public offering pricing for 3.5M shares
Luminex Corporation (Nasdaq:LMNX) are trading heavier than normal with about 912,000 shares, doubling its average volume of about 350,000 after the company announced early Wednesday a public offering of 3.5 million shares of common stock at $19.91 apiece. The Austin, Texas-based medical supplier said the offering is expected to close on June 30.
Luminex is currently trading at about $20.98 per share, up about 5%.
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