Boxlight (BOXL) Stock Jumps Over 57% After Hours: Why It Is Trending
Boxlight Corporation shares surged 57.54% after hours following the company’s $7.5 million preferred stock placement announcement.
Boxlight announced it raised $7.5 million by selling special shares to investors, and the stock price jumped up a lot after the market closed. When a company raises money this way, watch whether they use it to grow their business or if the stock keeps climbing—big jumps can sometimes come back down.
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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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