Share Offering Sends JinkoSolar Holding Co Shares 11% Lower Today [The Motley Fool]
JinkoSolar Holding Company Limited American Depositary Shares (each representing 4 Common Shares) (JKS)
Last jinkosolar holding company limited american depositary shares (each representing 4 common shares) earnings: 3/13 06:43 am
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Source: The Motley Fool
JinkoSolar is building a new manufacturing plant in the U.S., but it wants shareholders to pay for it with a new share offering. Travis Hoium ( TMFFlushDraw ) Feb 7, 2018 at 12:30PM What happened Shares of Chinese solar manufacturing giant JinkoSolar Holding Co., Ltd. ( NYSE:JKS ) plunged as much as 10.8% in trading Wednesday after the company announced a large sale of stock. The company tried to give investors confidence management was all-in, adding a $35 million purchase of shares by the CEO and chairman of the board, but shares were still off 8.6% as of 11:55 a.m. EST. So what JinkoSolar offered 3.6 million American depositary shares (ADSs) to public markets and sold another $35 million of ordinary shares to chairman Xiande Li and CEO Kangping Chen in a separate offering. Bankers have the option to purchase another 540,000 ADSs to cove
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JKS
News
- JinkoSolar Repurchased 3,246,425 ADSs under Its Share Repurchase ProgramPR Newswire
- JinkoSolar Holding Co., Ltd. (NYSE: JKS) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Clean Energy Market to Reach $1.4 trillion, Globally, by 2032 at 9.1% CAGR: Allied Market Research [Yahoo! Finance]Yahoo! Finance
- JinkoSolar Holding Co., Ltd. (NYSE: JKS) had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $26.00 to $23.00. They now have a "sell" rating on the stock.MarketBeat
- JinkoSolar Holding Co., Ltd. (NYSE: JKS) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
JKS
Earnings
- 3/20/24 - Miss
JKS
Sec Filings
- 4/18/24 - Form 6-K
- 3/29/24 - Form 6-K
- 3/20/24 - Form 6-K
- JKS's page on the SEC website