PREMARKET ALERT: Broadpoint Gleacher Securities (BPSG)

Posted in General 
July 29th, 2009

Broadpoint Gleacher Securities Group, Inc. (NASDAQ: BPSG) shares are down more than 3 percent to $6.39 as one of the most active Nasdaq premarket stocks as of 8:15 a.m., with more than 100,000 shares traded. The company announced an offering of 14 million shares from the company and 9.5 million by selling shareholders at $6.25 a share (below Tuesday’s closing price). Proceeds are expected to be about $81.4 million. — Mike Tarsala

Comments are closed

-->