Why Bruker (BRKR) Shares Are Plummeting Today
Shares of Scientific Instrument Company Bruker (NASDAQ: BRKR) dropped 11.8% in afternoon trading after the company revealed plans for a $600 million offering of forced conversion preferred stock. This kind of move tends to unsettle investors since it raises concerns about potential dilution. Essentially, these convertible stocks will have to be converted into common stock […]