Why Varex Imaging Stock Is Sinking Today
Shares of Varex Imaging (NASDAQ: VREX), a healthcare company focused on X-ray imaging components, are plunging today, down 15% as of 10:47 a.m. EDT. The double-digit drop is traceable to the announcement that the company is raising capital through a convertible notes offering.
Here are the details of the transaction that we know so far:
Image source: Getty Images.
Source Fool.com
