Dragonfly Energy stock falls after pricing $55.4 million public offering
NegativeFinancial Markets

Dragonfly Energy's stock has taken a hit following the announcement of a $55.4 million public offering. This move, while aimed at raising capital for growth, has raised concerns among investors about the company's financial health and future prospects. The decline in stock price reflects the market's reaction to the dilution of shares and uncertainty surrounding the company's strategy moving forward.
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