|
|
|
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RDNT $47.8000
$-0.0900 
-0.19%
|
Volume (M):
408
Open :
48.16 52 Wk Avg :
33.96
|
RDNT $47.8000
$-0.0900
-0.19%
|
Volume (M):
408
Open :
48.16 52 Wk Avg :
33.96
|
|
|
RDNT Today's High:
|
$48.46
|
RDNT Shares One Week Perf:
|
-2.9 %
|
| RDNT Today's Low: |
$ 47.56 |
RDNT Shares 30 Day Performance: |
8.96 % |
| Number of RDNT Shares Traded (M): |
408 |
RDNT Share Price 52 Wk High: |
$ 49.94 |
| Value of RDNT's Shares Traded (M$): |
$ 19,502 |
RDNT Share Price 52 Wk Avg: |
$33.96 |
| Share Price at the Open: |
$48.16 |
RDNT's Share Price 52 Wk Low: |
$25.11 |
News about Radnet Inc's Stock Splits and Dividends |
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RadNet, Inc. Announces Pricing of Public Offering and Raises $200 Million
RadNet, Inc., a leading provider of outpatient diagnostic imaging services, made waves in the financial world with the announcement of its underwritten public offering of 4,550,000 shares of common stock at a price of $44.00 per share. This move is expected to generate approximately $200 million in gross proceeds for the company, before deducting underwriting discounts and commissions.
The offering, slated to close on or about March 12, 2024, includes an option for the underwriters to purchase an additional 682,500 shares of common stock within a 30-day period. This strategic decision reflects RadNet's confidence in its market position and growth potential in the diagnostic imaging industry.
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Los Angeles-based RadNet, Inc., a leading provider of fixed-site outpatient diagnostic imaging services, recently unveiled its plans to undertake a public offering of $200,000,000 worth of common stock. The company intends to utilize the proceeds for various purposes, subject to market conditions and other factors. Additionally, RadNet intends to grant underwriters a 30-day option to purchase up to an additional $30,000,000 of common stock.
These strategic moves by RadNet could have a significant impact on the company's shares. As of the writing of this article, RadNet's share price stands at $48.5, representing a remarkable year-to-date gain of 28.33%. With the announcement of the significant public offering, investor sentiment is likely to experience fluctuations as market participants assess the implications of the offering on the company's future prospects.
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