🟢 Forgent Power Solutions is trading 3.6% up today as it rebounds from a $1.99 billion equity offering-driven selloff

Forgent Power Solutions is trading at $30.30 (+3.6%) in pre-market sessions as the stock attempts to stabilize following a sharp five-day decline.

• The recent selloff, which saw the stock lose approximately 25% of its value in a week, was triggered by a ~$1.99 billion secondary equity offering that raised significant dilution and sentiment concerns.
• The modest rebound is supported by broader strength in U.S. equity futures and bargain hunting after the stock's steep weekly retreat.