FLNC is trading 10.8% up at $22.36 as its rebound from a recent secondary offering selloff accelerates.
- The stock is extending a multi-day recovery after volatility tied to a large equity sale by controlling shareholders.
- Investor sentiment is improving as the technical overhang from the deal begins to clear.
- Broader U.S. indices are also up around 0.6–0.9%, providing a supportive backdrop for the move higher.