🟢 FLNC is trading 6.6% up today on rebound after secondary-offering selloff

FLNC is trading 6.6% up today at $19.10 as shares rebound from last week’s sharp decline triggered by a $483 million secondary stock offering.

• The bounce follows several days of selling pressure, suggesting bargain-hunting and short-covering interest as investors reassess the company's post-offering valuation.
• The recovery aligns with a broadly positive market session for equities, with the move appearing to be technical rather than driven by fresh company-specific news.