Why Is BYND Cannasoft Enterprise (BCAN) Stock Down 46% Today?
BCAN
InvestorPlaceJuly 17, 2023
BYND Cannasoft Enterprise (NASDAQ: BCAN ) stock is dropping on Monday after the company announced an underwritten stock offering. BYND Cannasoft Enterprise announced the underwritten offering after markets closed on Friday.
BYND Cannasoft stock drops on announced secondary offering
BCAN
Market WatchJuly 14, 2023
Shares of BYND Cannasoft Enterprises Inc. BCAN, -0.45% shares dropped in the extended session Friday after the cannabis business software company said it was issuing a secondary offering. BYND Cannasoft shares fell 19% after hours, following a 0.5% rise to close Friday at $3.12.