Why Workiva Stock Fell Today
Shares of Workiva (NYSE: WK) have fallen today, down by 9% as of 3:15 p.m. EDT, after the company priced two separate offerings. The drop comes amid a broad-based market sell-off. Workiva stock is actually up significantly year to date.
The company had earlier this week announced a secondary offering by selling stockholders, as well as a private offering of convertible senior notes.
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Source Fool.com
