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EAF GrafTech International Ltd

2.12
0.27 (14.59%)
22 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
GrafTech International Ltd NYSE:EAF NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.27 14.59% 2.12 2.125 1.87 1.88 5,070,546 01:00:00

GrafTech Shares Drop 10% as Brookfield Affiliate Plans Offering

15/01/2021 4:43pm

Dow Jones News


GrafTech (NYSE:EAF)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more GrafTech Charts.

By Chris Wack

 

GrafTech International Ltd. shares were down 10% to $10.50 after the company said an affiliate of Brookfield Asset Management Inc. and Brookfield Business Partners LP intends to offer 20 million shares of GrafTech common stock in an underwritten secondary offering.

The company said the selling stockholder would receive all of the net proceeds from the offering. GrafTech isn't offering any shares of common stock in the offering.

Volume for the stock was 3.3 million shares at 11:10 a.m. ET, compared to its 65-day average volume of 1.7 million shares.

 

Write to Chris Wack at chris.wack@wsj.com

 

(END) Dow Jones Newswires

January 15, 2021 11:28 ET (16:28 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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