Think Again Before Buying AK Steel (AKS)

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Go back to Think Again Before Buying AK Steel (AKS)

AK Steel (AKS) Falls after Pricing 22M Share Offering at $4

November 15, 2012 9:34 AM EST

AK Steel Holding (NYSE: AKS) is 5.6% weaker early Thursday after announcing late Wednesday that it agreed to sell 22 million shares of common stock at a public offering price of $4.00 per share. AK Holding granted the underwriters a 30-day option to purchase up to an additional... More