Resonant shares fall 12 percent after stock offering announced

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Resonant shares fall 12 percent after stock offering announced

By Staff Report / Thursday, February 6th, 2020 / Comments Off on Resonant shares fall 12 percent after stock offering announced

Shares for Goleta-based radio frequency filter maker Resonant fell 12 percent Feb. 6 when the company announced plans to raise funds through an offer of its stock. The size of the offering was not disclosed. Resonant stock fell 30 cents to end at $2.20, for a market capitalization of $71.5 million. The company said it…

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