LifeStance Health Announces 22.25M Share Secondary Offering By Selling Stockholders; Announces Concurrent Buyback Of 2M Shares From Underwriter, Receives No Proceeds
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Why It Matters
Some people who own LifeStance stock are selling 22.25 million shares, while the company itself buys back 2 million shares. This means there's a lot of stock changing hands, which can tell you whether big owners still believe in the company.
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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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