Prologis Commences Underwritten Public Offering Of 15M Shares Of Its Common Stock
Prologis, Inc. (NYSE:PLD) (the "Company" or "Prologis") announced today the commencement of an underwritten public offering of 15,000,000 shares of its common stock.J.P. Morgan and BofA Securities are
Prologis is selling 15 million new shares of its company to raise money. When a company does this, watch whether the stock price stays strong—it shows if investors still think the company is worth a lot.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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