🟢 FLNC is trading 5.3% up today as rebound continues following secondary offering selloff

FLNC is trading 5.3% up at $21.25 as the stock extends its multi-day recovery following a sharp pullback triggered by a recent secondary offering from controlling shareholders.

• The stock continues to bounce back from volatility associated with the large equity offering, which had previously weighed heavily on shares.
• Improved risk appetite across the broader U.S. equity market is providing additional support for the ongoing price recovery.
• No new company-specific catalysts have been reported, suggesting the move is primarily a technical rebound from recent oversold levels.