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0.000258331180573444 0.000258331180573444 0.00595195040041341 0.0219581503487471 0.0343580470162748 0.0180831826401447 0.00697494187548445 -0.00232498062516136
Stock impact report

Newly public ProFrac stock slides 11% in wake of acquisition news [Seeking Alpha]

ProFrac Holding Corp. - Class A (PFHC) 
Company Research Source: Seeking Alpha
Newly public ProFrac stock slides 11% in wake of acquisition newsJun. 22, 2022 1:38 PM ETPFHCUSWSBy:Val KennedySA News Editor2d illustrations and photos/iStock via Getty ImagesFracking services provider ProFrac () through an all-stock deal valued at around $93M plus two units of Signal Peak Silica for $90M.Shares of ProFrac opened at $20.36. The stock recently changed hands at $19.11, down 11%, at approximately 1:00 p.m. ET.announced early TuesdayAfter market close, the company also announced that it hadagreed to buy US Wells (which is valued at around $93MProFrac went public on May 13 through a downsized initial public offering thatraised $288M.For more on ProFrac (â??ProFrac Holding Targets $360M IPOâ?. Show less Read more
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