Why is the stock of SeaSpine Holdings Corporation (SPNE) dripping down in pre-market?

SeaSpine Holdings Corporation (SPNE), a global medical technology company specializing in designing developing, and delivering treatments for spinal disorders, announced that the company has commenced an underwritten public offering of shares of its common stock. SPNE stock saw a plummet adjacent to the news. SeaSpine Holdings Corporation (SPNE) has declined 3.01% at $20.30 in pre-market […]