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Why Thryv Stock Jumped on Thursday

TheMotleyFool

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Shares of digital marketing company Thryv (NASDAQ: THRY) rose sharply on Thursday, trading as much as 30.6% higher during the session. At market close, the stock was up by 21.4%

Those gains followed news that Thryv had set a price of $23.50 per share for its recently announced secondary stock offering, and boosted the offering's size from 3.5 million shares to 4.24 million shares.

Image source: Getty Images.

Source Fool.com

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