Why Sunnova Energy, Rimini Street, and OptiNose Stocks All Dropped Today
Sunnova Energy International (NYSE: NOVA). Rimini Street (NASDAQ: RMNI). OptiNose (NASDAQ: OPTN). What do a solar panel installer; a database software contractor; and a pharmaceutical company specializing in ear, nose, and throat treatments have in common?
They're all stocks suffering big declines today, with Sunnova shares down 10.9%, Rimini stock off 16.2%, and OptiNose bloodied to the tune of 24.8% as of 11:50 a.m. EDT. And they're also all down for the same reason: stock dilution.
Image source: Getty Images.
Source Fool.com
