Eos Energy Enterprises is trading 5.7% down at $3.38, as macro risk-off trading is amplified by dilution and liquidity concerns.
- Elevated Treasury yields, inflation concerns and a 0.73% Nasdaq drop pressured markets; shares fell 11.82% to $3.58 on September 23.
- Investors are weighing a potential resale of 56.5 million shares; 56,545,954 shares were registered for potential resale by selling securityholders. An insider Form 144 was filed September 22.
- No new major company announcement was identified on September 24.