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OPTN - Why Sunnova Energy Rimini Street and OptiNose Stocks All Dropped Today
OptiNose Inc.
Sunnova Energy International(NYSE: NOVA). Rimini Street(NASDAQ: RMNI). OptiNose(NASDAQ: OPTN). What do a solar panel installer; a database software contractor; and a pharmaceutical company specializing in ear, nose, and throat treatments have in common?
They're all stocks suffering big declines today, with Sunnova shares down 10.9%, Rimini stock off 16.2%, and OptiNose bloodied to the tune of 24.8% as of 11:50 a.m. EDT. And they're also all down for the same reason: stock dilution.