BUZZ-Entergy dips after launching stock offering
Entergy Corporation
Entergy Corporation ETR | 0.00 |
** Energy company Entergy's ETR.N shares fall 2.4% to $114.55 in extended trading
** Kicks off public offering of shares worth $2.18 billion with forward sale component
** Wells Fargo Securities, Citigroup, Barclays and Scotiabank acting as joint book-running managers for offering
** Upon agreement's settlement, expected by April 2028, ETR plans to use proceeds for general purposes, including repaying debt
** ETR has 457.8 million outstanding shares, according to LSEG data
** As of last close, ETR up 27% YTD
