🔴 Tenable is trading 4.1% down today as investors digest completed $800 million convertible-notes offering

Tenable is trading 4.1% down now at $36.54 as investors digest its completed $800 million convertible-notes offering.

• The offering included approximately $170.5 million in share repurchases and capped calls intended to limit dilution.
• Shares rose 8.58% on September 15 and 16.51% on September 14.
• A broader market selloff does not explain the move; major indexes are higher on September 16.