On Thursday, May 2, TRST stock plunged into the double-digits. Why? The plunge began in premarket trade after CannTrust Holdings (TSX:TRST) (NYSE:CTST) revealed the pricing of its previously announced common stock offering.
Here’s what we know.
TRST Stock Takes a Cold PlungeLast month, CannTrust Holdings announced its public offering of common shares. Today, the Canada-based cannabis company announced the pricing of this offering, and because the pricing is at a deep discount, TRST stock has taken a significant hit.
According to Yahoo Finance, as of 11:00 AM EDT, TRST stock is ...
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