Why Jamf Holding Stock Slumped on Tuesday
Shares of Jamf (NASDAQ: JAMF) fell sharply on Tuesday morning. The Apple device-management software specialist fell as much as 9.9% in early trading. The stock recovered somewhat, ending the trading day down 6.7% compared to Monday's closing price.
Jamf announced plans to raise capital by selling convertible notes, which spooked some investors.
Image source: Getty Images.
Source Fool.com
