Actionable news
All posts from Actionable news
Actionable news in FMSA: FMSA HOLDINGS Inc,

Why Fairmount Santrol (FMSA) Stock Is Jumping Today

NEW YORK (TheStreet) -- Shares of Fairmount Santrol (FMSA) are rising 7.64% to $6.62 on heavy trading volume Thursday morning after the company announced a 25 million share offering and was upgraded at Piper Jaffray.

After yesterday's market close, the Chesterland, OH-based company announced the pricing of its underwritten public offering of 25 million shares of common stock for total gross proceeds of about $148.75 million.

Piper Jaffray...