Keel Infrastructure Corp. is trading 11% up at $29.03, extending a sharp rebound following last week's steep decline linked to its $400 million convertible debt financing.
- The stock appears to be stabilizing as investors reassess the balance between the deal's dilution risk and the benefits of the growth funding.
- Broader U.S. equity markets are trading moderately higher today, providing a tailwind for the stock amid improving risk sentiment.