Why Is Ascent Solar Technologies (ASTI) Stock Down 49% Today?
ASTIAscent Solar(ASTI) InvestorPlace·2024-04-10 20:19

Ascent Solar Technologies (NASDAQ:ASTI) stock is falling on Wednesday after the solar technology company launched a public offering for its shares.The company filed the Notice of Effectiveness for this public offering after markets closed on Tuesday. However, it hasn’t provided a press release or additional filing revealing the details of the offering.That means we can only operate off of its assumed plans in the proposed offering filing. This has it expecting to offer a total of 40 million shares priced at ...