🔴 Centrus Energy is trading 4.05% down today after dilution concerns over $500 million offering

Centrus Energy is trading 4.05% down at $136.37 amid continued investor concern about dilution from the company’s $500 million stock-and-warrant offering.

• The offering includes new shares, pre-funded warrants, and warrants for additional shares.
• The longer-term Radiant HALEU partnership has not offset the pressure.
• Broader risk-off trading after the Federal Reserve’s rate hike and firm Treasury yields is adding pressure; the stock has declined through several sessions.